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Viwoke
Mar 17, 2021 6:25 AM

Don't Buy Options Long

Nifty 50 IndexNSE

Description

Even though Nifty is showing signs of a lil upmove on 15min time frame, I'd advise against going long using call buying yet.

Simply because the Volatility index is on a decline which would make theta decay outperform any delta you gain into your far OTMs.

Try selling calls.
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