I trade exclusively on the Nifty50 and have noticed something interesting in my intraday experience. Whenever I rush to place my options order right after the market opens — before 9:30 AM — I often either get a poor entry price or the trade just doesn’t go as expected.
I’ve noticed that option prices don’t align with delta in terms of expected movement direction and correlation until around 9:30 AM.
Lately, I’ve started holding back a bit, letting the initial volatility settle before making my move. This seems to help me avoid impulsive entries and gives me better clarity on direction and price action.
Curious to know—do any of you have a similar approach in your intraday trading plan?
Do you wait for the market to stabilize before entering, or do you prefer to catch the early moves right after open?
Would love to hear your strategies and what’s worked (or not worked) for you.
I usually wait for the first 3 candles of 15 mins to complete, i.e. 10:00 AM. It’s basically to understand what is happening and get a 2/3 vote before making a decision.
Option prices stabilize quickly with 1-2 minutes of market open.
There is a pre market session to reduce spot opening price volatility, improve price discovery, and absorb the impact of overnight news before the regular market opens.
Generally both opening hour and closing hour can be more volatile. But this is also the time where one can catch big moves.
