1. U.S Markets closed lower on Friday.
2. Right now U.S Futures are higher.
3. Gift Nifty is flat.
4. We are going to open below 19700 today.
5. Asian markets are higher right now.
6. All the U.S Futures are trading in green.
7. Friday was a high volatile trading day.
8. Nifty moved in a small band of 19700 to 19800 throughout the day.
9. There were continuous swings within these 100 points range.
10. India VIX closed below 11 on Friday.
11. Option premiums are ultra low currently
12. Selling options right now isn't worth it.
13. The risk is too high and the rewards are too little.
14. Also we are in the final week on the expiry so the Gamma effect is too high.
15. PSU Banks are the star of the show currently.
16. Markets looking for value bets currently.
17. FII"s have sold more than 1000 crores on Friday.
18. This Is a very disturbing number.
19. Nifty might trade between 19900 to 20200 today.
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