So you're telling me the people who weren't interested to buy BN at 57400 for the last 6hrs suddenly realised they should buy 600 points higher during the auction?
And funny thing is the BNF futures didn't even flinch!
What a scam this whole system is !
@PRAFULKULKARN18 0 dte is so dead now. .
Premium becomes dead overnight. In both high Iv and low lv . If someone wants to do it . Come at 230 .on lucky day you will get something instead of wasting time whole day .
@SystemTraderIN@TheKVault Forget about ifs and buts .
Trust me just hold , think of an illiquid asses like land you are holding. And forget it . Just one thing don’t add more . Market gives you ample of chances to get yourself out . But not in panic mode .
@SystemTraderIN Now you have done the mistake of averaging instead of crying on it . Hold. this will change . Dont add more in any scenarios . Don’t watch the portfolio . Prices will retest in future though it may take time . Keep holding without watching and adding more
@PRAFULKULKARN18 Brother I have observed now a days that 3rd or 4th chance is a best time to sell strangles/ straddles on 0dte .(instead of sitting whole day )chances of coming out positive are high. What’s your view on that . I can get what you are saying but just an observation .
10/ CATALYSTS THIS WEEK 📰
Mon: FII/DII flow data; crude open Tue: NIFTY WEEKLY EXPIRY ⚡ Wed: FOMC Minutes (May 20) 🏛️
FOMC minutes are the wildcard. Markets will front-run by Tuesday close. Plan to be flat before Wednesday.
9/ STOP-LOSS RULES 🛑
• NIFTY touches strike → buy back that leg at 150% entry • Combined premium doubles → CLOSE ALL • VIX spikes above 21 → CLOSE ALL • 1 PM expiry day → if both OTM by 50+ pts, let theta finish
Discipline > conviction. Always.