Writing options in deep ITM in Nov series why?

Why there is huge writing of options in the DEEP ITM strikes ?

any Expert ?


Cos people like going deep bro.

This looks like a dated conversation - back in 2014!

Nitin Answered it here.

The advantage with trading in deeper ITM options is negligible Vega Effect.
Charges are less compared to Futures. so trading in Deeper ITM options is best for intraday or two or three days holding.

Example is given below. ITM 9000 Calls chosen for comparison.

20% less Charges in trading in Deep ITM options than Futures. Also we will get Premium for Shorting.

if we are trading ATM options we will lose out on Vega effect. this can be eliminated by trading in Deep ITM options.