Greetings from FinIdeas !
Fantastic Trading Day for Option Traders !!
Nifty opened around 3% down around 5200 and made an Intra-day movement of more than 200 points.Volatilty jumped to 27 % ( Current month ATM 5200 Strike ). An increase of 6 % from previous day. Options traders had a gala-time who were on the right direction.
Its so important to know Options in depth to capture trading opportunities in these type of Market Scenarios. One underlying and different strike price – so many choices with different strategies.
FinGraph Software proved its utility again !
This was a day wherein Volatility traders benefited from both side – Buying and Selling volatility. However timing of trades are very important. FinGraph gave opportunities to both – Gamma long and Gamma short traders.
Attached is the snapshot of Intra-day volatility movement along with Nifty.
FinIdeas Management Solutions Pvt. Ltd.,
Row House No.1, Ground Floor,Gokuldham,
Rajnigandha CHS Ltd,Goregoan (East)
Mumbai – 400 063
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Website : www.finideas.com