Thanks for these interesting updates 
@dtyxg
Please tell @Sensibull to add MIDCPNIFTY.
They took around 2 years to add FINNIFTY.
If they start working now, hopefully in the next 3-4 months we can have it.
It takes around 3-4 months to add MIDCPNIFTY @Sensibull
The liquidity will improve.
Probably on par with FINNIFTY .
So don’t give such excuses please .
Today’s figures will be interesting. It’s having good volume today. Expecting 200 percent increase compared to last week.
Would MIDCPNIFTY be untradable ?
At 10:40
MIDCPNIFTY - 8002
Bear Call Spread
Strike 1 OTM → 8050 CE @ 1.3
Margin used - 10,00,000
Max Profit - 4820
Breakeven - 8050 ( 0.6 % )
With such a low premium I highly doubt whether the index would be tradable or not.
Even though 0.5 % ROI is great this would be possible only if it expires worthless ( 15:30 ).
Spending a whole day for 0.5 % ROI personally does not feel good.
The whole position goes south if the index closes above 8050 which is a mere 0.6 % up move,
which is child’s play for MIDCPNIFTY if we check the charts
Was FINNIFTY in same position ?
@dtyxg
No. Finnifty had more juice
midcpselect otm liquidity has to pick up otherwise its just a straddle game that could run into losses if there is a directional move
We’ll have to see how things pan out then.
I started trading finnifty only this january. Had to wait a long time for the liquidity to pick up for all important strikes so that strategies could be deployed.
@dtyxg there is no harm in waiting for midcpselect, sensex & bankex - markets are not going anywhere !
I trade for even 0.1 percent. Lol. My weekly target is 0.5percent.
Edit: This week I won’t even meet my target. 0.3 percent so far. So unless volatility increases I won’t meet it.
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Well, my question was whether FINNIFTY was in the same position ? , not about being in a hurry to trade.
But still, there is a point
Yes it was. It took a lot more time for finnifty to pick up than mid cap. Also vix levels were different. Currently we are at ATL VIX. Premium is low even for nifty. Being an option seller, hardly getting anything these days. But I am patient enough to wait.
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still nifty premiums are better than banknifty if you look at the margin required.
I expected better growth.
Volume is now increasing at a decreasing rate.
Value of finnifty is more than double of mid cap. But lot size is not even double.
happy to see banknifty has unleashed the beast today !
@Jason_Castelino @VijayNair @Gnome hope your money minting is happening today !
Money minting not yet. But happy to say I did recover the losses and then some today. (had made small losses due to no good move last 15 days (banknifty option buying)).
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Today is NOT that day 
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Yeahhh. I got good premium on finnifty of 20th June expiry. The fall helped.