Last expiry, I remember nifty levels at 25900, and after around 25 sessions we are at same levels. Infact, the range of nifty is only 600 points during this time. Can this be said the effect of jane street. Earlier, we used to move 300 points in intraday itself. Now 100-150 points feel like mountains. There is effect on option prices as well. Right now, nifty 25800 pe which is just 100 points away is trading at 2 only whereas earlier 100 points far put usually give 20-25 points. To be honest, this kind of market is really boring. We all can agree that a lit bit of spice and masala should be there. Those 200-250 points candle, i miss them a lot
Nah. This is nice. Enough time to adjust strikes. 
#optionseller
Don’t you need enough premium to sell? Don’t very low ivs dent your profit?
I prefer less risk, Less profits. I don’t wanna keep fighting my positions all the time.
Less IV also means less margin. So on expiry day I get to sell bigger qty because of this. Overall, it’s almost the same. I have seen it for 6 years and on net basis, I end up with almost same return.
1 Like