Powell has said there has been a 'lack of progress' this year on inflation, per CNBC.

Max pain 22200 , put have high premium , nifty might close around 22200

Playing with a volatility is a tough task

Traders are thinking 🤔
Shall we buy OTM put option after 1 pm due to such drastic move

Good morning traders

Have a profitable day

Kotak Mahindra Bank fall due to RBI pause new customer onboarding and credit card issuance

Kotak bank contribution 420 points in a bank nifty
Right now

Indiavix increasing and premium also increased but they want to become zero
Buyers have risk so avoid today's expiry
You can Trade in next expiry instead of today's

Market is negative but OTM call positive due to indiavix

Pro traders trapped today
Normally indiavix increase at the time of negative market but today it play opposite

Last week was bearish, it happened within a few minutes, some was a falls breakout and this week is bullish , Market plying a game with pro traders , those do a trading with Indiavix , oi and Specially reversal trade but all things doesn't work today
Hopes premium would increase during the election period and results

We had a drready bullish , Bharti Airtel, federal Bank , pnb during the April month
New track shares will share soon

Disclaimer :- all things are only for learning purpose and it's only view
There's no any buy , sell recommendations

Thank you 😊

good morning traders

Indiavix moving very fast it might be closed to 20 till results day
Current expiry premium doesn't hiked but may and Jun ending Hiked

Option seller's have a opportunity to sell current expiry call and put and passive income automatically generating for ice melting through premium