- despite a 380 point fall in the nifty, put prices did not appreciate
- was this because of theta? there was no change in VIX
- note I am writing about weekly expiry options
- someone who bought 8700 PE on Friday close has earned 77 points after a 380 point fall
- and a 8300 PE has actually lost money
- let us see what happens tomorrow
Summary: do not trade options unless you know the greeks
Newbies: visit http://zerodha.com/varsity/module/option-theory/
- was this because of theta? there was no change in VIX
- note I am writing about weekly expiry options
- someone who bought 8700 PE on Friday close has earned 77 points after a 380 point fall
- and a 8300 PE has actually lost money
- let us see what happens tomorrow
Summary: do not trade options unless you know the greeks
Newbies: visit http://zerodha.com/varsity/module/option-theory/
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