Most of the stocks where I write options have IVs ranging from 40 to 60%.
AMTEK AUTO is a different stock altogether.. it has lost 70% last month and today it has been swinging wildly with intraday gains upwards of 40-50%.
Here is how option writers are making money - by writing options at 200%+ IV.
Now even if the stock stabilises, these IVs will persist for some time.
Option chain table: source NSE
IV = implied volatility. If you do not know what this is, then stay away from options.
AMTEK AUTO is a different stock altogether.. it has lost 70% last month and today it has been swinging wildly with intraday gains upwards of 40-50%.
Here is how option writers are making money - by writing options at 200%+ IV.
Now even if the stock stabilises, these IVs will persist for some time.
Option chain table: source NSE
IV = implied volatility. If you do not know what this is, then stay away from options.
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