VIX Going UP or DOWN does not have any Relation to the Market Going UP or DOWN. It has a Relation only in the Trader's market and not in a Real Bull or Bear market. Current Indian market is a Trader's market. I mean the Index is manipulated by the Institutions.
Let me make it simple for you. If the VIX does not go down, Do not Buy. If the VIX goes UP and UP then Keep your short positions.
BTW, The MAX Pain is at 6150. So NIFTY can test 6150 also.
Let me make it simple for you. If the VIX does not go down, Do not Buy. If the VIX goes UP and UP then Keep your short positions.
BTW, The MAX Pain is at 6150. So NIFTY can test 6150 also.
I m following yr thread seriously n have learnt a lot on Options... n as u suggested that we should buy options when IV is low n Sell Options when VIX is high...
Can u throw some more ligh on this that how Volatility effects the long n short on options..
WHENEVER YOU ARE FREE U CAN SHARE YR VIEW ON THIS...
Thanx:thumb: