Starting April 4, 2025, all derivatives expiry days are changing from Thursday to Monday. NIFTY weekly contracts will now expire on Monday of each week instead of Thursday.
All monthly and quarterly contracts (NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY and stocks) will expire on the last Monday of the month instead of the last Thursday. Plan your trades accordingly.
If Monday is a trading holiday, the expiry will take place on Friday.
@Meher_Smaran
Does that mean that all contracts expiring on Apr 24th, May 28th etc will be expired on Apr 3rd ? and new contracts will be released on Apr 4th ?
@Meher_Smaran Please check your first post. The circular shall come into effect from April 4th 2025 i.e. Expiry day for all exisiting contracts will be revised to New Expiry Day on Apr 03 2025. Pls clarify
Can we complain to SEBI about this and get this rollback done? Lot of adjustments need to be done in our setup to align to this change. These guys are playing gully cricket where the person owning the bat decides the rules of the game.
Hi @Ddude , all existing contracts will have their expiry revised to the new Monday schedule starting April 3, 2025 (EOD). The expiry dates will be adjusted, but no contracts will expire early.
It is more about suppressing BSE’s rise in the F&O segment than anything else, I think.
But otherwise, it is a bad move… option writers will not like to hold their positions over the weekend, unless the premiums are still high on Friday. Combined with the ELM margin requirements and removed calendar benefits on expiry days, this will be a pain to manage on Friday/weekends
Also, no body is stopping BSE from now moving their expiry day to Thursday, which will be a masterstroke and will help BSE again.
But this circus of changing days will eventually be noticed by SEBI and they will come up with some rule to not keep on changing the days so frequently
This stupidity from NSE might spur even more action from SEBI. They might just direct every exchange to have expiry on the same day. We went from everyday expiry to 8 expiries per month and might further go down to 4 expiries per month. Just hate it.
FIIs are selling like there is no tomorrow, Retailers are crying. Just few weeks back with major changes with expiries, margin, and other stuff many are still trying to adjust to these changes and these fools at NSE want to do this. What’s gotten to them?
Let’s see if the new head of SEBI is any better and not like the previous one.
NSE (exchange) and SEBI (regulator) should be there to keep things moving and be simple with out issues and fraud. Here it looks different. Like fence eating the crops.
