I’m new to F&O trading and came across an YouTuber who posted the following video claiming an exorbitant trade (of 25lakhs in 1hr) on a relatively flat day of Bank Nifty on 10 Sep '20. Link is below:
His claim of him buying 526 lots of Bank Nifty 22500 PE @43.82/- and then closing all 526 lots at 223/- per lot seems a bit like gambling, to say the least. Theoretically, it is a possible trade using Historical trade data on NSE (O: 200; H:290.00 ; L:21.65 ; C:49.50).
To put it short:
- Is there a way I can check the chart of the expired option i.e 22500 PE - 10 Sep '20?
- Is trade like this possible? Are F&O trade like this an exception or a norm? Cause he makes it sound so easy to his 17.1lakh subscribers saying all we need is common sense (which I highly doubt)?
Any help/direction to a newbie trader is highly appreciated. Thanks,