Option writers are preparing for a big range and volatility in MAY.
They are not expecting markets to cross 7000 in MAY and not break 6000 on the downside. Now 1000 points is a big big range.
This automatically means limited upsides from here while indicating that markets may correct substantially.
Let's see...
NOTE:
1.We will get a better picture on FRIDAY after expiry of current series.
2.Options are very expensive so it may not be easy to earn money.
They are not expecting markets to cross 7000 in MAY and not break 6000 on the downside. Now 1000 points is a big big range.
This automatically means limited upsides from here while indicating that markets may correct substantially.
Let's see...
NOTE:
1.We will get a better picture on FRIDAY after expiry of current series.
2.Options are very expensive so it may not be easy to earn money.
No comments:
Post a Comment