IVs catching up to ruling HV.

Blow Up.

Fun time with old daily charts , of which Ichimoku chart was really really amazing.

Value See-Saw

MIRZ Long setup.




8500CE and Its IV


8600CE and its IV

Fastest fall in 8600CE IV, 8500CE IV and 8400CE IV following the suit with rising NF.

It was not obvious fall in 8600CE IV so sharply, atleast i had not expected. Though its IV started falling even before price spurt. That translated to 7-8 point net on delta neutral with 0.36 delta.

Does this looks like normal instrument where obvious PA can be applied ?
cause every shift of 0.5% translate to approx 7-8 point DN scalp in current regime.

All IVs are high ahead of CP tomorrow.
This are high more due to holding of premium and i guess that are bound to loose by 1-1.5% in a day.

For today, fair chances of a down day closing down towards vwap.