Of late, have been hearing lot of good things about the smooth expiry trading thats possible with fin nifty weekly options on tuesday.
Improving volume (although much lesser compared to nifty and bank nifty)
Good premiums and crisp moves for both buyers and sellers.
What’s your experience ? Any feedback from your end?
Liquidity is found only on Tuesday. Personally, I would wait for 3 more months until we get good liquidity on Monday at least.
But considering how poor it was few months back, I won’t be surprised to see 100 percent increase in volume in another 3 months.
Yes. Extra expiry day to make some extra money. Fin Nifty offers extra possibilities. Just started today. I looked at the OI chart to identify liquid strikes and then did bit of test selling.
from last 1 month, seeing lot of messages on twitter and even on whatsapp grps about how hassle noise free, trading in fin nifty weekly options is on tuesday. Activity def. is inching up
This definitely is not a flop like options for Nifty IT 
Finnifty and bank nifty are almost correlated. Further we have nifty as well. All have common constituents.
I would have preferred better liquidity in mid cap 30. Maybe they will have to shift the expiry date to some other day. 
This would be so cool. Trading in midcap and smallcap index options. actually I wonder whats stopping the NSE from building liquid F&O segments in these
Do share your learnings on this here. 
Do we even have one ??
No, I guess we only have NSE Small cap 100 index
But mid cap 30 is having derivatives. Let liquidity come in here first. Then we can talk about small caps. May be. 
For anyone out there who need to get a sense of how liquid is FINNIFTY on Expiry
In comparison ; Expiry (21-07-22)
NIFTY - 10,20,27,628
BN - 16,23,64,639
Sure. But am mostly nifty. Finnifty is just for fun .
Are you saying number of contracts traded in bank nifty is more than nifty?
Yup; Even Today (02-08-22)
NIFTY - 5,16,64,460
BN - 6,21,34,071
Oh okay. I never really checked this data. But if you see OTM contacts nifty has better liquidity. So I thought nifty is traded in high volume.
Needless to say, Incase of Traded Quantity
NIFTY- 2,58,32,23,000
BN- 1,55,33,51,775
Value of bank nifty is more than double of nifty. So overall contract value will also be more.
For the first time total contracts traded in FINNIFTY crosses 1CR.
But personally I feel the momentum may slowdown after today’s market truculent movement.
I doubt that will happen. Traders may not give up on an extra expiry day to play with. Today the volatility was not limited to Fin Nifty.
Hope so
