How can I trade weekly Nifty option contracts in Zerodha?
You can only trade weekly Nifty option contracts in Zerodha if your Futures and Options segment is enabled. Click here to know the steps for activating the F&O segment if it's not activated for your account.
You can type "Nifty Weekly" to see the weekly contract in the drop-down, and you can select the contract you want to trade.
You can also type in the trading symbol [Nifty] followed by the strike price. You'll see a drop-down of the existing contracts for that strike price.
Nifty weekly contracts expire every Thursday of the week. If Thursday is a trading holiday, the previous trading day shall be the expiry/last trading day. All contracts shall expire at the normal market closing time on the expiry day or other time as Exchange decides.
The date of expiry won't be mentioned in the last week's contract as they are monthly contracts; hence it will only include the name of the month and the strike price, e.g. Nifty's July monthly contract will be mentioned as Nifty July 16000 CE.
The size of Nifty contracts is being revised from 75 to 50 per lot from July 2021 expiry. All monthly expiry contracts starting from the July expiry contract will have a lot size of 50. Click here to know more.