End of the OG Bank Nifty, The Queen of weekly options.
Like all million other trades, I have so many fond and bittersweet memories. It made us suddenly rich a few times but most of the time, it emptied our wallets within no time. Rest in Peace, Bank Nifty
WE REGRET to inform you that Bank Nifty Weekly expired (for the final time) this Wednesday after a brief struggle with regulation.
In HIS short life, HE saw many ups and downs. HE was wild and mysterious, leaving us speculating about HIS every move. We are forever enriched by HIS presence (7% of us that is; 93% of traders make losses from F&O trading). Wednesdays will never be the same without HIM.
Bank Nifty Weekly is survived by HIS loving father, NSE, HIS brothers, Bank Nifty Monthly and Quartery and HIS brother, the Nifty 50 weekly contract.