#TradingUniversity Don't think This waz planned, FII Did this, You do ur own analysis as you can't defeat them, Then why to waste time in cursing them. Actually When the market reopens, Those who write calls gets in panic and Short covering of about 77k Open interest take place which is not less, I m counting major strikes.Then also you see who buy deep otm call are in loss even after Such runup coz delta is so low like of one otm delta waz 0.03, See how much points nifty should move to get 3 rupees. I want to Say Avoid thinking what we can't control, Think what we can control.
Don't buy deep otm calls or write puts.As Market has to reach Break even point too, At which you don't have any loss or profit.