I think this month is going to be a very interesting month worth studying and understanding.
Did you guys notice today (may 02, 2014) both
* ITM calls and OTM calls
* ITM puts and OTM puts
all gained value while Nifty index just stayed exactly where it started yesterday with just 2 points down move.
IV of all options seem to reaching for the skies... all are above 34-35 !
This is weird... I tried shorting call... but at EOD even calls have gained value!
So... it seems blood pressure of the market is going up and up...!
Did you guys notice today (may 02, 2014) both
* ITM calls and OTM calls
* ITM puts and OTM puts
all gained value while Nifty index just stayed exactly where it started yesterday with just 2 points down move.
IV of all options seem to reaching for the skies... all are above 34-35 !
This is weird... I tried shorting call... but at EOD even calls have gained value!
So... it seems blood pressure of the market is going up and up...!