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What are weekly and monthly options?
Options contracts come with different expiry periods, allowing traders to pick a timeframe that fits their strategy best.
Weekly Options:
These contracts expire every week, usually on a specific weekday, and are often used for short-term trading strategies.
Monthly Options:
These contracts expire once a month, offering a longer time horizon for trades.
Expiry Days for Key Indices:
Nifty weekly contracts expire on Thursday.
Sensex weekly contracts expire on Tuesday.
Banknifty, Midcap Nifty, and Finnifty monthly contracts expire on Thursday.
Bankex monthly contracts expire on Tuesday.
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