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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:
  1. NSE (National Stock Exchange)
    1. Nifty 50 weekly contracts expire every Tuesday.
    2. Nifty 50 is the only index on NSE with a weekly expiry.
  2. BSE (Bombay Stock Exchange)
    1. Sensex weekly contracts expire every Thursday.
    2. Sensex is the only index on BSE with a weekly expiry.
Monthly Options:
  1. All remaining index derivatives have only monthly expiry, not weekly.
  2. NSE Indices (Monthly Expiry: Last Tuesday of the month)
    1. Bank Nifty
    2. FinNifty
    3. Midcap Nifty
    4. Other NSE indices
  3. BSE Indices (Monthly Expiry: Last Thursday of the month)
    1. Bankex
    2. Other BSE indices
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