April 23, 2014

Trading range 1000 points in MAY?

Option writers are preparing for a big range and volatility in MAY.

They are not expecting markets to cross 7000 in MAY and not break 6000 on the downside. Now 1000 points is a big big range.

This automatically means limited upsides from here while indicating that markets may correct substantially.

Let's see...

1.We will get a better picture on FRIDAY after expiry of current series.
2.Options are very expensive so it may not be easy to earn money.

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