Nifty rallied 874 points yesterday on the Iran ceasefire. FII covered 32,035 futures contracts — biggest single-day unwind in Season 2. Pro flipped to short puts. Client booked profits on 1 lakh short-put contracts as the gap-up played into their long-delta position. But FII is still short 2,27,400. Today is Sensex weekly expiry with an 800-point straddle — implied range 76,600 to 78,600. GIFT Nifty 24,005 this morning, down 94 from yesterday’s close. Asia is taking profits. Brent bounced 2% to $96.78. DXY back above 99. The vol crush from yesterday’s gap continues — IV dropped 41%. TCS Q4 kicks off earnings season. View: buy on dips, sell volatility. RupeeCase Nifty portfolio tracks live on rupeecase.com. Stream free on  ...