@aakankshalovely Aren't indices to be moved based on the underlying? If you have money, you would try and move the index in your favour and that's what all the big players do or try to do. JS was successful, massively and hence caught the attention. But did they do anything illegal?
important mindset for a trader - you are in the market to make money, not to prove that your market understanding is correct.
So if your view goes wrong, be quick to get out.
Happily exited positions at loss& re-entered later to recover more than 50%.
#OptionsTrading#Nifty50
Some obervations about premiums over last few days:
1. there comes a time during the day when PE and CE premiums both rise. So if someone is playing delta neutral, they see both legs in negative.
#OptionsTrading#Nifty50