Consolidating Expiry! Option sellers adore consolidation.Still, there is intraday volatility. The market teaches us to adjust our positions based on intraday volatility, What we've seen in the last few expiries *It is good to see the nifty close above 17050. But looking at the chart, the weakness is still there. I will make a decision after watching the 17150 to 17300 range, because the 17200–17250 range acts as a support many times keep an eye on it. NIFTY opened with a gap up, but still, resistance is respecting what we can see.
My weekly option selling - 17200 CE, 17150 CE, and 16850 PE, at last, 17000 PE made a good profit this week. We have one more expiry left. Let's see how December is going to end. I hope everyone is having a great year-end.
