Finnifty option

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Kudos! You are on right platform Trading Finnifty options

Dear Traders, Welcomes you to the world of Nifty Finacial service or called Finnifty.

Heard of Banknifty and Nifty50 option trading and making big money?

So here is Finnifty, this index avails option trading facility like Banknifty and Nifty50 with similar call and put option. Index is consists of 20 number of banking and finance stocks altogether and list is mentioned below.

  1. BAJAJFINSV
  2. HDFCLIFE
  3. AXISBANK
  4. ICICIBANK
  5. SBILIFE
  6. ICICIPRULI
  7. HDFCBANK
  8. BAJFINANCE
  9. CHOLAFIN
  10. HDFCAMC
  11. SBICARD
  12. MUTHOOTFIN
  13. ICICIGI
  14. KOTAKBANK
  15. SBIN
  16. SHRIRAMFIN
  17. PFC
  18. IEX
  19. LICHSGFIN
  20. RECLTD

The above Finnifty components also changes with respect to the performances and the its complete right is having with NSE, India.https://www.nseindia.com/

  •  How to trade option in FINNIFTY?

First add this index to your watchlist by searching ‘Finnifty’ in ‘Indices’  segment instead of Cash or Futures & Option segment. Refer the picture if you are opening in Upstox  and same like other brokers. This index includes  “Call” and “Put” for option trading its respective strike prices. Its one lot size is 40 shares at a time which general price varies from around 160-170 during week start. Based on recent  strike price that is 20021/-  nearest strike price 20000 “call” is trading at 142/- and same “put” is tarding at 61 price point. The Expiry of this index is on every Tuesday not like Bank nifty and Nifty50 which expires on every Thursday. Volume in this index is also very high so that you can immediately buy or sell the shares faster.  For an reference how to trade option in Finnifty, have a look to these pictures.

 

 

 

 

 

 

 

 

 

 

Strike Price & Premium in Finnifty Options:

Finnifty options have a strike price, which is the price at which the option can be exercised. Before you get to that, you’ll have to pay an options premium to acquire the options contract.A buyer who wants to acquire a options contract must pay the seller a premium. The buyer and seller use some of the best options trading strategies to benefit from the strike price, premium, or both. For option trading keep searching our Learning Hacks in this link  https://stockmarketviews.in/learning-hacks/

How to do Option Trade in Finnifty: Money on the way?

When price is moving forward with a good volume within 5 min time frame buy “Call” of nearest strike price and wait atleast for a 5-15% return of your invested amount. Remember no strategy is 100 % accurate to make profit neither a top trader can say this, its your mastery to stick with your plan. It completely depend on the momentum of the market so then option moves faster with great value. Here in option trading technical analysis matters a lot with proper chart reading. For technical analysis and Chart reading we write in the “Learning hacks”n tab, just keep in touch with this blog.

Pro tip: Never expect much, if its making green candles flawlessly then wait till a low height closing candle to form. But expecting most of the times beyond capacity makes huge loss. Option trading is like a athlete, you keep your eye-open, mind-stable, limited-Greed and here is the time to book the profits. “A PEENY saved a PENNY earned” so stay focused on marginal profits and book it fast than it goes down and regret latter. At the end of the Money matters, yes that’s profit not the loss.

Finnifty Performance:

The FINNIFTY index has performed well since its inception, providing more opportunities to traders with its diversified exposure to different sectors of the Indian economy. Check out the growth in the graph below. Finnifty is going to be a great value proposition index to trade and its with Increase Indian Economy the Stocks are going to skyrocketed in near future.