Nifty opened with a Gap-up near 17180 and remained in very short range throughout the day.
Trades we took Today:
> Bought Nifty 17300 PE at 155 which made a high above 175 and Traders booked profit in this Trade > Bought Nifty 17050 CE at 205 which we booked with 15 points loss > Bought Nifty 17300 PE again at 150 which we booked with 15 points profit > Bought Nifty 17000 CE 6th Jan at 330 which we booked at a cost due to choppy movement
Overall, It was a choppy day for Nifty Option Buyers.
Tomorrow, if Nifty sustains above 17250 we may see a follow-up upmove.