Monday Blues! hey the VIX cut me out!

The precipitous drop in the VIx with 10 days to expiry hit all the OTM Calla and Puts so hard that active bargain speculators got caught in the 5400 Calls on the Nifty or the 900 call on the ICICI Bank. despite the meteoric rise in the underlying and the run on the dollar! Whoa, half baked knowledge is aworse than no knowledge

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