Expiry was on Bad Note it again happened after AGR news Index show huge downside... In y'day trading session FII sold 805 Cr in CM in Derivatives FII covered 8.5k Index Long & added 5.3k Short ( Unwind in BNF & Shorts in Nifty) so FII again Nutural on Index with 0.77% Net Long, in stock futuers covered 7k & added 8.3k Shorts, Due to Expiry option data ignored but u can see net % Positions of participants,
OCA shows that Now Put writters is on 9k directly 9500 is 2nd strike,
So more panic may come if FII covered their rest Longs.. so cautious.
Our Put taken at 31 close at 160 those holding will get huge profit in opening. Will avoid trades today till clear direction.