Nifty Weekly Expiry Analysis: June 5, 2025
Market Overview
The Nifty index is currently trading at 22,400 with significant options activity observed ahead of today's weekly expiry. The India VIX has surged 8% indicating heightened volatility in the market.
Key Levels for Today's Expiry
| Level Type | Value | Significance |
|---|---|---|
| Support | 22,350 | Highest Put OI concentration |
| Resistance | 22,500 | Strong Call writing zone |
| Max Pain | 22,250 | Point of maximum option pain |
Options Chain Analysis
The options chain reveals significant open interest at key strike prices that will influence today's price action:
Call Option OI Concentration
| Strike Price | Open Interest | Change in OI |
|---|---|---|
| 22,500 | 12.8L contracts | +2.1L |
| 22,600 | 9.3L contracts | +1.4L |
Put Option OI Concentration
| Strike Price | Open Interest | Change in OI |
|---|---|---|
| 22,400 | 10.1L contracts | +1.8L |
| 22,350 | 8.7L contracts | +1.2L |
Trading Strategies
Based on the current options data and market conditions, here are potential trading strategies:
Bullish Scenario (Above 22,400)
| Strategy | Entry | Target | Stop Loss |
|---|---|---|---|
| Call Spread | Buy 22,400 CE | 22,500 | 22,350 |
Bearish Scenario (Below 22,350)
| Strategy | Entry | Target | Stop Loss |
|---|---|---|---|
| Put Spread | Buy 22,350 PE | 22,250 | 22,400 |
Bank Nifty Analysis
The Bank Nifty is showing similar patterns with key levels to watch:
Bank Nifty Key Levels
| Support | Resistance | Max Pain |
|---|---|---|
| 48,200 | 49,000 | 48,500 |
Bank Nifty TradeDeko Spotlight
Heavyweight banks drag as HDFC and ICICI face selling pressure. TradeDeko identifies:
- Critical Zone: 48,200 (Max Pain) to 49,000 (Call Wall)
- AI Tip: HDFC Bank OI surge at 48,500PE - sell rallies above 48,700
- Gamma Exposure: High risk of squeeze if spot approaches 48,500
Final Checklist with TradeDeko
Pre-Open
- Enable "Volatility Guard" for auto-hedging
- Set OI alerts at key levels
- Check global market sentiment
Intraday
- Monitor VIX and PCR changes
- Watch for OI shifts at 22,400 and 22,500
- Use gamma exposure tracker
Final Hour
- Expect fireworks after 2:30 PM
- Close naked positions
- Set auto-exit triggers
"TradeDeko spotted the 22,400 put base holding at 10:15 AM - that was my signal to sell ATM calls. The volatility guard feature saved me from significant losses during the afternoon swing."
- Priya Mehta (Professional Options Trader)