Hi there
I’m an active trader in Sun pharma. A strange thing that I noted today is that the put prices came down exponentially even though the spot price also came down. I couldn’t comprehend the correlation. Could someone pls explain this phenomenon and the possible reason behind. Thanks.
Like : SUN PHARMA 520PE was trading at 7.50 when spot was around 542 though within a couple of mins to closure spot came down and closed at 540.5 but the 520PE crashed and closed at 6.75
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I’m an active trader in Sun pharma. A strange thing that I noted today is that the put prices came down exponentially even though the spot price also came down. I couldn’t comprehend the correlation. Could someone pls explain this phenomenon and the possible reason behind. Thanks.
Like : SUN PHARMA 520PE was trading at 7.50 when spot was around 542 though within a couple of mins to closure spot came down and closed at 540.5 but the 520PE crashed and closed at 6.75
Sent from my iPhone using Tapatalk