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October 2016 Expiry Day Exit ITM Options


Just to let you know at least 20% of my course subscribers DO NOT contact me ever even for one doubt in my course. I think there are two reasons for it:

1. The course is very easy to understand written in a very simple language. So for experienced traders doubts do not arise at all.

2. Some people just enroll in the course to give me a tuition fee that’s all because they have learned a lot from my website and made money trading and they want to pay me for that not necessary for my course at all.

I think 20% is less it could be more. Some do not even ask me a single question before paying for the course and not a single question after paying me.

If you are one of them you are really special. Thank You from the bottom of my heart. Wishing You A Very Happy and Prosperous Diwali 2016. May God Bless You and Your Family for helping me keep doing my job of educating traders.

One thing is for sure you do not get anything for free in life. Even if you are my free subscriber you have to read what I have written to learn it. So you are giving it TIME and HARD WORK. Both are not free neither for you nor for me. That is the reason I charge for the course.

What is the difference between a free subscribers and someone who has done my course? The difference is HUGE. People who have done my course trade with a plan and make profits without tension every month, but those who have still not enrolled just are doing the same that is keep trading in tension and keep losing money.

You invest more and get more that’s all. You invest less and get less this is how the world works. Knowledge cannot come for free.

Today is Expiry day for all derivatives Options and Futures expiring on October 2016.

If you have bought or sold an Option which is In The Money (ITM) you must close them before 3.15 pm or your risk manager or broker will close them at market price by 3.25 pm as a risk manage measure.

If you are a seller buy it back and if a buyer sell it before 3.15 pm to avoid getting it closed at market price.

If the Options you bought are Out of the Money by 3.15 pm and there is NIL chance of them getting In The Money then no need to close. You will save on brokerage charges and STT.

Options expiring next month or after that will not be closed today as their expiry is on a later date so do as you wish with them.

As far as Futures expiring today is concerned please close them all. It does not matter if you are a buyer or a seller of Future. Keep an eye and as soon as it is in profit just close it.


WhatsApp or Call me: 91-9051143004

If you have any question you can contact me.

You can read about me here and my trading mistakes here.

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About the author: I started trading stock markets since 2007. However my first 3 years were losses. Then I dedicated almost 1 year on studying, researching, paper trading options and learned a lot in that time. Since 2011 I am trading Nifty options profitably. Call me if you need any help trading options on 9051143004.

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