Because presently it's mix of depriciation in rupee and attractive US Treasury yields of 4.7% which makes FII sell. If Rupee slide stops or reverse markets are gonna sky rocket.
@zerorisk trade in live market this and come back on this thread. It doesnt work like the one sensibull backtesting is showing payoff in sensibull isnt correct.
Absolutely b*shit. The payoff chart is wrong when you taking 3 future and purchase one near otm PE it covered just one of your future. Other two futures are naked long.. ghanta ye payoff chart ban hi nahi sakta.. please go and study options before posting such Bs..