S2EP36 | Brent Cracked 104. GIFT Gap Down. Buy The Floor With A Hedge | 11th May Monday
The Tanmay Edge | India's pre-market edge, every trading day... por Tanmay Kurtkoti
Notas del episodio
The Iran tail came back. Brent jumped 3.31 percent over the weekend from 101.29 Friday settle to 104.65 Monday open. GIFT Nifty 24060.50 down 179 puts spot near the 24000 floor on the first tick. The wing the chain priced Friday is about to pay this morning.
The chain wrote 6111545 contracts at 24200 in one session Friday. Two walls 24500 and 25500 one thousand points apart. Three floors 24000 23500 23000 with the deepest built biggest. ATM 24200 straddle 291.30 prices a 23812 to 24540 four-day Mon-Tue range. GIFT opens 248 above wing floor.
POV stays buy on dips with hedge. Expected IV up. Long gamma day rule. Stand down on premium selling until VIX cracks back below 17. Buy zone 23950 to 24050. Hedge 12-May 23800 PE.
Three branches first hour. Base 50 magnet test. Escalation 35 floor break to 23812 with 23000 ultra-deep as liv ...