Product updates over the last year at Zerodha

[emrys11]

@Krishnakumar

Hey Team zerodha
Is there any way we can know the live weighted averaged closing of the index?
The reason why I’m asking is because now we have daily expiry and the last friday sensex expiry the market settled at 65,397.62.

The issue faced was even at the last second, the 65400ce was at 11 odd rupees and 65400pe was some 2 rupees. All this because people didnt know the right average.
Usually I trade the last 30 minutes by just seeing any itm option to approximately follow the weighted avg, but even itm strangles on sensex had premiums upto 7 rupees

I left the sold puts thinking it will end at 0 because the calls had sooo much premium, but it went entirely south. The calls expired at 0 and puts expired at 2.38 rupees Had to take some unwanted loss there

Actually we are still not sure what happened. Lots of discussion in groups and twitter about what was going on.

Was the weighted average calculated properly or any error. Bse can’t mess that up since this is basic stuff.
Option prices also closed weirdly.
65300 ce and 65400 ce closed at 110 and 11 assuming a 65410 weighted close.
While 65500 pe closed at 97 assuming 65403 weighted close.

And the actual weighted average close was neither of these.

I haven’t seen this stuff on NSE ever. And i would love to have implied future charts on kite. Yes I know sensibull has it but it’s a hassle. Being able to add spot chart and implied futures chart to the same kite watchlist would be great.

This would cover all nse expiries i guess.

Of course, implied futures wasn’t working yesterday on BSE. Implied futures was at 65411 in the last minute.

So in order of priority, I would like to have implied futures charts and if possible weighted average prices in last 30 minutes and to make sure that weighted average price is being calculated according to spot movement and not using option prices(atm+ce-pe).

@nithin @ShubhS9

Did any of you guys notice all this that happened yesterday? (20-10-2023 Friday) and can you please add implied futures.

Sensex Average Close Price - reduced profit issue

So if Sensex weighted average close is 65397.62 on expiry day, 65400 CE should close at 0.05 and 65400 PE around 2.4 acc to my understanding. But this weird behaviour where ce closed at 11. Will this be settled at intrinsic value by BSE? [Screenshot_20231020-160401_Kite] @ShubhS9