MIDCPNifty and Bankex Expiry Hero Zero Trade 08th April 2024 Explained

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08th April 2024 MIDCPNIFTY Expiry Trade Summary


Greetings, fellow traders and enthusiasts! Today, let's delve into the thrilling saga of the options market and dissect the remarkable events that unfolded during the April 8th, 2024 options expiry. Strap in as we explore the highs and lows of this exhilarating day in trading history, where the put side emerged victorious, much to the delight of savvy traders.


As anticipation mounted and traders eagerly awaited the outcome of the expiry, hopes were high for significant movements, particularly favoring the hero zero calls. April 8th, 2024, turned out to be a game-changer, especially for those with a keen eye on the MIDCPNifty and Bankex indices.


The market commenced with promising movements towards the call side, hinting at a potentially lucrative outcome for call side traders. However, as the clock struck 1:30 PM, a sudden shift occurred, sending shockwaves through the trading sphere as the market veered towards the put side, paving the way for substantial returns for put side buyers.


Let's take a closer look at the price action movements that unfolded, painting a vivid picture of the thrilling rollercoaster ride experienced by traders:


08th April 2024 MIDCPNIFTY Hero Zero Movement Summary


MIDCPNIFTY 08TH APRIL 2024 PUT SIDE HERO ZERO TRADES:


10725 PUT: Witnessed an impressive surge from Rs. 0.30 to Rs. 69.


10750 PUT: Experienced a remarkable ascent from Rs. 0.40 to Rs. 89.


10775 PUT: Soared from Rs. 0.60 to an astounding Rs. 112.


10800 PUT: Climbed from Rs. 0.80 to an impressive Rs. 132.


10825 PUT: Surged from Rs. 0.95 to a noteworthy Rs. 155.


10850 PUT: Rose from Rs. 1.1 to a remarkable Rs. 175.


10875 PUT: Saw a substantial increase from Rs. 3.3 to an impressive Rs. 205.


10900 PUT: Demonstrated an exceptional rise from Rs. 7 to a staggering Rs. 222.


MIDCPNIFTY 08TH APRIL 2024 CALL SIDE HERO ZERO TRADES:


10850 CALL: Started at Rs. 10 and peaked at Rs. 44.


10875 CALL: Initiated at Rs. 6 and reached Rs. 32.


10900 CALL: Began at Rs. 3.95 and climbed to Rs. 20.


10925 CALL: Started at Rs. 3 and concluded at Rs. 14.


08th April 2024 Bankex Expiry Trade Summary

BANKEX 08TH APRIL 2024 PUT SIDE HERO ZERO TRADES:


54900 PUT: Embarked on a remarkable journey from Rs. 33 to an impressive Rs. 200.


54700 PUT: Started at Rs. 6 and soared to Rs. 52.


BANKEX 08TH APRIL 2024 CALL SIDE HERO ZERO TRADES:


54600 CALL: Started at Rs. 3.5 and peaked at Rs. 28.


54800 CALL: Experienced fluctuations from Rs. 42 to Rs. 153, and from Rs. 12 to Rs. 108.



54900 CALL: Started at Rs. 18 and rose to Rs. 78.


In conclusion, April 8th, 2024, will be remembered as a remarkable day in the world of trading, marked by significant movements that favored the put side traders, leading to substantial returns.


As we reflect on these events, let's harness the lessons learned and gear up for future opportunities in the dynamic landscape of the options market. Stay tuned for more exciting updates and insights as we navigate the fascinating realm of trading together!


Happy Trading!

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