Sometimes you get lucky. When you are long in the highest gainer for the day, it feels good.
What happens when volatility rises in front of big events?
Does this offer any opportunity?
How can one make money in this?
Let me iterate a scenario that often occurs around large known events like elections, budget(sometimes),mega-results.
Hindpetro is an illiquid counter to trade in options.Below are the images of january and december option Open Interest.It’s a very small qty though.Adding into my watch-list and watching price action closely.Will remove from watch-list in 2nd week of january. Price action only can guide from here on, till the wait and watch mode is on.
Update – after development in feb series option it will be interesting to watch how the price behaves.
SBIN Straddle trade
What is happening with Yes Bank in derivatives market.
Currency Options has gained volume and are now fairly liquid exchange traded market in India. Currently both our leading exchanges NSE & BSE have enough volume and provide excellent opportunity for traders looking out for a macro product after Nifty & Banknifty.
Gamma scalping is the process of adjusting the deltas of a long option premium and long gamma portfolio of options in an attempt to scalp enough money to offset the time decay of the position