Keeping the music on!!
Endlessly curious about markets and finance. Options never stop exciting me.
Not an expert or advisor. Trade and tread cautiously!!
@ak2602 Expecting a negative close. Traders and investors can cut positions before weekend. we have almost lost all gains already. Fourth phase on Monday. Expectating VIX to cross 20 on Monday.
I'm expecting a massive sell off one day, if the fourth phase exit polls are not in favour of the market makers. A selling left right and centre. let's see :)
@harrypill I agree, but a direction bias with a defined risk, can be much better trade to take. Either way it's highly likely to swing one way or other.
India VIX is up almost 50 percent since last Monday. I think by end of May expiry, VIX will be much much higher, as the last pahsr of elections will...read more
VIX has shot up 34 percent last week! Rising everyday!! From here a 100 percent VIX rise is very much possible in May!! So I'm going to carefully watch. And possibly without having much positions
Technicals and fundamentals don't work for news based and event based moves. Forget technicals and fundamentals until the completion of elections and the first week after the election results.