February 6, 2018

10500 put writers to take a big hit today?

This entire series, option writers were bullish that 10500 may not break. Accordingly, 10500 put has had the highest open interest.

Now that markets look set for a big gap down opening, it will be interesting to see what happens.

NOTE that 10500 on Nifty corresponds to 33750 on Sensex...


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