I have always heard that It's option writer,who always wins in market and particularly on day of Expiry and genuinely ,if he chooses a sensible range of ATM(In the money call option)& ATM may be some other Smart Buyer as well( at the money call option),90% of time I have won myself and i have seen people winning with this strategy. Of late, on 21st May only i have captured a data, where i have seen Nifty was hovering around 9104 at 9:29 AM. And at the same time we have following figures to be watch for also. 1) 9100 call was at premium of 33.55 2) 9000 call was at premium of 107 3)9100 put was at premium of 34.10 4) 9200 put was at premium of 105.90 Now carefully think what would have happened to BUYERS of these call and put option on day of expiry that is on 21st of may. There may be few of other smart option Buyers as well ,who might have bought call and put of same strike price with almost equal premium. In above case both 9100 cal option
Market Nifty and Bank Nifty crash & truth of 20 lacs Crores. Still I remember prominently that day when Nirmala sitaraman was announced as Finance minister of country ,Bank Nifty Fell almost 1000 points. Obviously Market gave again a very strong knee jerk reaction once it came to know the shabby content and truth of 20 lakh crores package, The strange thing was that even 2lacs crore was not even part of cash assistance to MSME or any other sector. Ironically when Prime minster announced the package of 20 lacs crore package, Nirmala Sitaraman had already announced a package of 1.6 lacs crores and she cleverly told that this too was part of package. What was new for any of the bleeding sectors and Indian economy that is beyond understanding, loan was available prior to this and banks will do their due diligence before giving loans. Still I remember in previous government when Economy showed signs of tremors in 2013 they slashed bit of service tax and excise. In this cr