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YourLazyTrader
Jun 22, 2021 6:28 AM

Volatility to spike up as option expiry day approaches Short

Nifty 50 IndexNSE

Description

The option expiry day is approaching and the volatility is picking up steam in NIFTY.

So far, NIFTY has reached the previous high which is a liquidity zone. However, there has
been a lack of follow through buying.

So, there could be a pullback to the 15600 level again over the next two days as the expirty
on June 24 approaches.

I will be shorting the index between 15870-15920 with SL above 15950.
Looking at 15600 as a target
Comments
DashSam
Why is that a liquidity zone?
similarRhino62112
Superb. Today it reached 15770 level. What we can expect tomorrow n day after ?
similarRhino62112
Can I buy 15600 PE for june expiry ?
JamesLourduraju
Trade only ATM options
natarajanshankar
@similarRhino62112, Yeah bit risky...But worthy one if you keep a proper SL
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