How was your expiry day today?
Also, memes going around on twitter - why F&O was so spiky today!
On a volatile day thankfully managed to get out unscathed.
Also if underlying moves corresponding FnO contracts will also move. Yesterday there was heavy call OI build up at 25K nifty. When index moved naturally short covering would have happened and price of the option went many X up. I don’t find anything unusual in it. As I stick to liquid index FnO only which is incredibly difficult to manipulate I take full ownership of profit or loss in my account. I don’t blame some imaginary operator who is hunting my positions and turning it into a loss…
Operators typically operate on illiquid counters only which are easy to manipulate.
Bro, you are already an operator now. @t7support
Far in the south and away from cartels