Here’s what the market is showing us before the Market Opens:
Major CE options (Calls) across NIFTY 25000 to 25350 are deep in the red with massive losses:
- 25000 CE: -11.98%
- 25150 CE: -20.40%
- 25250 CE: -41.08%
- 25300 CE: -47.21%
- 25350 CE: -53.50%
But take a look at the OI % spike:
- 25150 CE: +23.28%
- 25200 CE: +4.98%
- 25250 CE: +72.84%
- 25300 CE: +31.62%
- 25350 CE: +42.43%
Clearly, there’s heavy Call writing happening, and the premiums are getting crushed.
What’s your expiry strategy?
Writing out-of-the-money options?
Staying away from high IV?
Playing for a directional move?
