Expiry Day Trade

Understanding Open Interest: Both videos emphasize the importance of analyzing open interest in options data to predict stock price movements. High open interest at specific strike prices can indicate potential support or resistance levels, helping to forecast price ranges.

Stock Selection Based on Options Data: The presenters demonstrate how to identify stocks with significant price movement potential by examining their options chains, particularly focusing on open interest data. Reliance Industries, Axis Bank, and Sun Pharma are used as examples to illustrate this approach.

Support and Resistance Levels: By analyzing changes in open interest at different strike prices, traders can define probable support and resistance levels for stocks, which helps in anticipating price movements.

Expiration Day Predictions: The strategy outlined in the videos helps predict stock price movements around options expiry day, utilizing open interest to determine the most likely price range.

Data from Reliable Sources: The analysis is based on data from reputable sources like the NSE website, showcasing a practical and grounded approach to options trading.

Practical Application: The videos use real-world examples (Reliance Industries, Axis Bank, and Sun Pharma) to demonstrate the application of the strategy, offering practical insights into how to execute the approach effectively.

Follow-Up and Results: The presenter promises a follow-up video that will analyze the accuracy of the predictions made using this strategy, adding a layer of accountability and potential learning from real outcomes.