The relation between drop in price of options isn't linear with drop in index level. At the beginning of month, expiry is far, so chances that on drop of 15 points in index the price of 10700 comes down by lets say just 2-5 points.
But better since Nifty options are atleast liquid. Now Nifty will also see wild swings on Wednesday. People will be forced to learn IVs better now....read more
Hold on to your seats. The new head of India’s central bank was the most prominent bureaucratic face of Modi’s worst economic policy—the botched 201...read more
One last point, the chances of see-saw happening in today's results is still too high. Almost all the states are very very close still. So trading t...read more