As expected Infosys Volatility has fallen around 6 % bring it down to 34 % of ATM Options. Infy cracking today due to Management Guidence No. for the next Quarter. The Stock fell around 9 Percent today.
Important Observation for the day was that 2600 Put Volatility has fallen to 33.8 % ( Yesterday 47 % ) whereas 2900 Call Volatility as fallen to 36.5 % (Yesterday 41.4 %). This discrepancy is due to downward movement.