Weekly Banknifty Tracking upto Dec Expiry - Views/Trade ideas

[Vigneshwaran_Vick]

@VelmuruganSengottai

when mkt goes up deep ITM calls will be covered and if mkt goes down deep ITM puts will be covered … also the amount of puts covered here is not that huge …

@VelmuruganSengottai Could you please help us understand what are you trying to ascertain. Means more specific on your analysis.

@q45

Chances of slight gap down opening for BN / Nifty , chance to exit the shorts, now Bank nifty & Nifty are sell on rally markets .I think 24983 -914 level being a good support for BN

@q45 Bro if its going to be a gap down, wouldn’t it be prudent to wait and exit the shorts. Or you were trying to say there will be a gap up

@SurajM

Bro, wht made u to think BankNifty 25200 below strike Put transaction as Put writing?

Bro. Kindly look at the change in OI with respect to the total OI. That clearly shows that put writing has happened.