TCS post results analysis

TCS volatility quoting at 20.5 crash down by 4%. Straddle value of 3320 strike drops to 127 from 138. TCS historical trend post earnings of price correcting continues. TCS down by 2%: https://web.quantsapp.com/straddle-index/TCS?symbol=TCS&expiry=25-Jan-23

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18600 imp level for #finnifty weekly expiry
OI distribution shows agg. CE writing@18700 CE. 18600 PE,18500 PE see fresh writing. #OPTIONGAIN shows range of 18600-18650. Navigate here for MULTISTRIKE-OI: https://web.quantsapp.com/s?id=77590&k=9183
FINNIFTY Option Gain: https://web.quantsapp.com/option-gain?symbol=FINNIFTY&expiry=10-Jan-23

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#INFY #Result analysis Profit factor of 4 and Strike rate of 73%
Infy #volatility has gone up from 23 to 28% (https://web.quantsapp.com/Implied-Volatility/chart/INFY?symbol=INFY&days=250).
Historically Post result stock has seen significant moves either side of positive or negative 3% (https://web.quantsapp.com/result-analysis/INFY?id=118&symbol=INFY&viewMode=chart&from_date=10-Jan-20&x_days=2&y_days=2).
Thus exiting any short trade on result date make sense. Backtesting 3 years data of #Infy for Result, entering 2 days prior and exiting on result date have seen strike rate of 73%, profit factor of 4 (INFY Back Testing https://web.quantsapp.com/s?id=77593&k=8894)
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#Volatility in the Morning session

#Nifty & #banknifty see Intraday Swings, #indiavix quoting at 15.8 has increased around 6% from Monday (14.65). IT & METAL sectors holding Nifty positive today. Observe Nifty v/s Indiavix here: https://web.quantsapp.com/s?id=77622&k=7699

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#HCLTECH analysis ahead of #Results

HCLTECH to announce the results tomorrow. From 28-DEC-22 HCLTECH #IV has jumped from 21.2 to 28.4, ATM #Straddle is quoting around Rs 47. Historically 7 out 8 results stock corrected 2 days post #earnings.

Check Pre & Post result behavior here: https://web.quantsapp.com/s?id=77742&k=1360

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