Rollover kya hai aur F&O expiry mein kaise analyze karein — complete Hindi guide. Rollover data interpretation, trading strategy sab samjhein.
Published by The Retail Trader · AUG 15, 2026 · Features
Rollover kya hai aur F&O expiry mein kaise analyze karein — complete Hindi guide. Rollover data interpretation, trading strategy sab samjhein.
Rollover ka matlab hai existing F&O position ko next expiry mein shift karna. Jab current month ka contract expire hone waala hota hai, toh traders apni position next month ke contract mein transfer karte hain.
Simple definition: > Rollover = Purane expiry ka position naye expiry mein le jaana. Jaise ghar badalte waqt samaan shift karte ho.
Rollover data batata hai ki traders kya expect kar rahe hain next month:
Ye chaar baatein dhyaan mein rakho:
• High rollover + Price upar — Bullish continuation
• High rollover + Price neeche — Bearish continuation
• Low rollover + Price upar — Rally weak, profit booking
• Low rollover + Price neeche — Selling exhausted, reversal possible
Ye chhe baatein dhyaan mein rakho:
• Rollover % = (Next month OI / Total OI) × 100
• Example:
• Nifty August expiry OI: 80,00,000
• Nifty September OI: 60,00,000
• Rollover: (60,00,000 / 80,00,000) × 100 = 75%
Historical Rollover Levels:
• > 75% — High rollover — positions continuing
• 60-75% — Normal rollover
• 45-60% — Low rollover — positions closing
• < 45% — Very low — significant position unwinding
Setup:
• Nifty upar ja raha hai (monthly rally)
• Rollover > 70% (positions shifting to next month)
• Matlab: Bulls confident hain, trend continue hoga
Action: Hold longs. Next month mein bhi upar jaane ki probability high.
Setup:
• Nifty neeche ja raha hai (monthly fall)
• Rollover < 50% (positions closing, shifting nahi ho rahe)
• Matlab: Bears apni positions close kar rahe hain, reversal possible
Action: Watch for bottom formation. Reversal confirmation pe BUY.
Premium difference between current and next month contract:
Ye aath baatein dhyaan mein rakho:
• Rollover Cost = Next Month Premium - Current Month Premium
• Example:
• Nifty 20,000 CE (August): ₹100
• Nifty 20,000 CE (September): ₹180
• Rollover Cost: ₹80
• Matlab: Position shift karne ke liye ₹80 extra dena padega.
High rollover cost = Market expects volatility (events coming) Low rollover cost = Market expects stability
Ye chaar baatein dhyaan mein rakho:
• Cost — Rolloled Position: Rollover cost (spread), Fresh Position: Full premium
• Sentiment — Rolloled Position: Continuing conviction, Fresh Position: New conviction
• Risk — Rolloled Position: Carried from previous month, Fresh Position: Fresh risk
• Analysis — Rolloled Position: Trend confirmation, Fresh Position: New setup
Ye baatein dhyaan mein rakho:
• 📌 ROLLOVER QUICK REFERENCE
• ROLLOVER LEVELS:
• 📊 > 75% = High (positions continuing)
• 📊 60-75% = Normal
• 📊 45-60% = Low (positions closing)
• 📊 < 45% = Very low (unwinding)
• BULLISH SIGNAL:
• ✅ Rising market + High rollover (>70%)
• ✅ Rising market + Rising rollover %
• ✅ Long positions rolling over
• BEARISH SIGNAL:
• ❌ Falling market + High rollover
• ❌ Falling market + Rising put rollover
• ❌ Short positions rolling over
• REVERSAL SIGNAL:
• 🔥 Falling market + Low rollover (<50%)
• 🔥 Rising market + Low rollover (<50%)
• 🔥 Extreme rollover cost + Direction change
• ANALYSIS:
• 📊 Rollover % = Next month OI / Total OI × 100
• 📊 Rollover cost = Next month premium - Current premium
• 📊 High cost = Event risk expected
• 📊 Low cost = Stability expected
Ye chaar baatein dhyaan mein rakho:
• F&O Expiry Kaise Kaam Karta Hai?
• Option Chain Kaise Padhein?
• Open Interest Price Ke Saath
• Option Greeks Kya Hain?
The Retail Trader — educational market analysis. Not investment advice.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.