watching Nifty this months is very similar to watching horror+thriller movie.
In horror movies, when normal people die they start to do extraordinary things like uprooting a tree, floating a heavy rock in air etc etc, traveling at the light speed, vanish into thin air...
and form white cloud whenever possible
Just like that... Nifty is doing strange things.
Nifty pinned around 6700 for 3 to 4 days, pinning is supposed to happen on expiry days...
but we are no where near expiry... but still pinning is happening.
Normal Nifty usually moves 1-1.5% max 99% of time..
Now ghost Nifty uprooted all bears and managed to climb 3% in single day on last friday!
and still moving up on monday by another 100 pts
Strangely puts are supposed to crash with such high powered up move...
and they are NOT crashing...
No matter what I buy... call or put... I end in loss
and no matter what I sell... am not making money!
May be longer time frame traders trading in futures should be doing good I guess...
In options market volatility is hurting all option buyers and scaring all options writers with sleepless nights!
creepy times
In horror movies, when normal people die they start to do extraordinary things like uprooting a tree, floating a heavy rock in air etc etc, traveling at the light speed, vanish into thin air...
and form white cloud whenever possible
Just like that... Nifty is doing strange things.
Nifty pinned around 6700 for 3 to 4 days, pinning is supposed to happen on expiry days...
but we are no where near expiry... but still pinning is happening.
Normal Nifty usually moves 1-1.5% max 99% of time..
Now ghost Nifty uprooted all bears and managed to climb 3% in single day on last friday!
and still moving up on monday by another 100 pts
Strangely puts are supposed to crash with such high powered up move...
and they are NOT crashing...
No matter what I buy... call or put... I end in loss
and no matter what I sell... am not making money!
May be longer time frame traders trading in futures should be doing good I guess...
In options market volatility is hurting all option buyers and scaring all options writers with sleepless nights!
creepy times