Har mahine ki expiry ke waqt derivatives positions ka migration track karna zaroori hai. Isse aapko pata chalta hai ki smart money market mein hai ya profit book karke nikal raha hai.
Monthly derivatives expiry retail traders ke liye aksar ek headache hoti hai. Jab current month ke contracts khatam hote hain, toh traders ko decide karna padta hai ki apni position square-off karein ya phir next month ke liye 'rollover' karein. Ye rollover process professional traders aur bade institutions ke mood ka asli barometer hota hai.\n\n### Conviction kaise check karein?\n\nAgar zyada positions next month mein carry forward ho rahi hain, toh iska matlab hai ki market trend mein abhi bhi dum hai. Lekin agar contracts bina rollover ke closed ho rahe hain, toh samajh lo ki players cautious ho rahe hain aur profit ghar le ja rahe hain. Ye data aapko batata hai ki trend mein real money ka support hai ya bas hawai charcha hai.\n\n### Open Interest (OI) ka khel\n\nSirf price movement dekhna kaafi nahi hai. Open Interest (OI) ko track karna bahut zaroori hai. Agar rally ke saath OI badh raha hai, toh samjho naya paisa aa raha hai. Lekin agar price upar ja raha hai aur rollover numbers weak hain, toh ye ek warning sign hai ki rally sirf speculation par chal rahi hai. Aap ye data National Stock Exchange (NSE) ki website par daily check kar sakte ho.\n\n### Volatility se kaise bachein?\n\nExpiry ke din market mein kaafi hungama hota hai. Risk manage karne ke liye rollover data ko sirf ek secondary tool ki tarah use karein, is par hi apni poori strategy mat tikao. Global factors aur corporate performance ko hamesha dhyan mein rakhein, kyunki achanak aayi koi news rollover numbers ko ek minute mein badal sakti hai.