Market always different Plans. But From Options Chain perspective the TREND is UP. So I would think the Current levels of NIFTY (8450) and BANKNIFTY (18500) are BUYing opportunities.
Make your own choice based on your "Evaluation" of the Options data
As said above the AVG Put VOLT has come down to 53.7%. 20% down. I don't know when the SBIN result is out. but it might come down further to say 45% and then one can BUY Puts accordingly.
Dear Raj Sir,
I have understood all the concepts you have outlined about Options in this Forum.
Only Volatility part I have not understood. There is IndiaXIV, there is Volatility for
each PE and CE strikes. How you are arriving at overall Volatility? How you are
arriving at Average Volatility? How you are correlating between IndiaXIV and
PE/CE volatility? If you illustrate with actual example, I shall be grateful to you.