Optionalysis: Nifty Looks Poised For A Trend Change


This is a Capital Mind Premium subscriber post, sent on 30 May 2014.

Be Careful. Option trading is largely focussed on the Nifty. The Nifty has suddenly turned volatile, from +75 points in the morning to about -30 points right now. There seems to be a break down in the short term, with the 6700 level a key support that is being tested. (In the hourly chart below)

The rest of this content is only available to premium members.

Already a subscriber? Log in now!

Register for a premium membership today! Apart from this content you will get our proprietary research and weekly newsletter too!

Get Your Capital Mind Premium Subscription

Related Posts Plugin for WordPress, Blogger...


  1. Amazing pop in the VIX today. Either someone knows about some upcoming news over the weekend, or its just high interest, with potentially more to come in the days until the election results day. Would a straddle held over the last two weeks done well?

    • Two weeks ago, on April 17, a May 6800 straddle was at 314+266 = 580. Today it’s 283+211=495. So no, it would not have worked well :(

      In fact from April 1 when the same straddle was around Rs. 500 (24% imp vols), it would still have been loss making. But hten, the Nifty hasn’t moved much. Which is the cause for it to have lost money!

Comments are closed.