Hello Swagat
By EoD fortunes reversed. But the impact of SP selection still clearly visible, higher delta gives better realization. Impact of low liquidity, also visible on deep in the money call options.
On the flip side, on the losing trades (long puts, today) you will also lose less in % terms, if you had selected a SP with higher delta.
All said and done, the main thing is the directional bias but once you are sure about your directional bias, selecting a proper SP can give you a small edge.
Hope this answers your query.
Hello Kalyan
If you do this exercise for a few days, i.e just observe the change price % of the option chain wrt nf close to open and then open to close, you would worry less about the greeks and develop a feel for how the pricing model actually works. Yes, knowing about the greeks is not optional, we also need to know the theory.
Regards
Sanjay