Deepak shenoy shared some interesting stats about Nifty in this tweet.
The last time Nifty was negative 2% was over 150 days ago.
Not only that, but there hasn’t been a +/- 2% day since October 2022, so we’ve had a very low volatility market in terms of absolute closing prices.
And this is now reflected in the VIX level.
How long this low VIX will last will have to be watched closely. my guess?not too long
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Good for option sellers. Be the boss. Don’t jinx it.
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But are you getting a good premium?Insurance premiums are not really that high
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The end of January was good because of the budget. Otherwise less. But when there’s a lot of movement, it’s still better than fighting fires.
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I saw the market call yesterday and thought I jinxed it, but it was only -1.5%
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no. It is easy to handle. No extinguishing was required. at least for me.
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People are being followed by Twitter traders panicking over a 1% move in the market.
Even 2% of people are cool
Take advantage of his expertise.he’s a gem of a man and a risk manager
are you talking about me
smile. Not an expert.
Professionals don’t make money trading. They earn from chips/training.
1% could be worth hundreds of thousands of dollars to an options trader
I recently joined twitter and find that almost every post has a similar contagiousness. A very contagious place!!!
You’ll find different perspectives and relaxed conversations here. Recently, there was Putin’s speech, and everyone was panicking about the extension of time.
And in these Twitter spaces, people were talking about nifty crashes to 12k and more. Some uncles spoke like saints (as Osho speaks).
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My twitter record is full of CCTV idiots, viral videos, extreme funny stuff, clever animals, talent skills/videos etc.
Very refreshing during opening hours
That FB and Youtube reel works for me!!
It feels silly, but the Indian market is now more stable than the sp500 and the Nasdaq.2% moves are very common in SPX these days
Unlike amazons, meta, and alphabet, none of sensex’s companies moved 10% in a single day.
Someone or someone is making our markets too stable
The 200 EMA is only 6% from the all-time high, so a lot of buying is happening at the top level, ie CMP. If it doesn’t go down too much, we might see a strong uptrend. It may be this month, but it’s pretty difficult.
@Prakashsingh is getting married today. congratulation.I wish you all the best of luck
@Prakashsingh traded 50% of himself today.
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His biggest investment in the long term.
I wish I could be a multibagger.