Trade setup for expiry day

Today is monthly expiry. It is going to be very critical today. Markets can be very volatile as this entire month was a roller coaster ride. We have gained almost 400 points this month from open. Most of the gains happened in the last 4-5 sessions.
Trump has tweeted that china deal can be sooner than before. So the US markets are up. The crude is falling due to global slowdown in the world economy.


  1. I have done a few butterflies in nifty and banknifty. 
  2. I had to run for cover after stocks rallied significantly few days back. Today they all will give wonderful profit.
  3. I have executed some spreads for the month of October.
  1. Yesterday the US markets closed in green after some tweets from the Trump gave some relief.
  2. European markets closed in red.
  3. Today morning the asian indices are flat
  4. SGX is suggesting that we may open in flat zone.
  1. Again the FII have started selling. For 2 days both DII and FII acted as if that was the last day of the world. Now again all are back to the same condition.
  2. Yesterday FII sold for 342cr and DII sold for 762 cr
  1. Crude is now trading at $62.34 
  2. $ is at 71.03
  1. Nifty has the highest OI at 11500 and 11400
  2. Banknifty has highest OI at 30000 and 29000
  3. Max pain is at 11400 and 29500 for nifty and banknifty respectively.