Nifty opened with a Gap-up around 17290 and we saw a fall from the open which brought Nifty towards 17080 but that worked as a support and Nifty got bounced towards 17200.
Trades we took today -
> Bought Nifty 17300 CE at 165 which we booked with 10 points loss > Bought Nifty 17350 PE at 290 which went to 306 but missed our 1st Target by 4 points and we booked at cost
Overall, it was a choppy day and not good for Option Buyers.
Tomorrow, if Nifty sustains below 17120, we may see a down-move.