Brent cracked 105 overnight. The escalation lane fired. GIFT Nifty opened down 117. India 10Y bid 7 basis points. Yesterday Pro flipped net calls from 58737 long to 30428 short in one session. The wall at 24000 multiplied 6x in a single day. The chain wrote the pin at 23800 and the fence at 23500.

Tuesday is Nifty weekly options expiry. Two trades in one expiry day. Vol first. Pin second. Long gamma morning. Short gamma afternoon. Premium sellers cannot work the first 90 minutes. Pin gravity wins after lunch if 24000 holds.

The POV. Buy 23700 PE on a test of 23650 in the first hour. Hold until VIX peaks. Flip to short strangle if spot recovers to 23800 by 12:30. Cover before 15:00 IST. The 24000 wall caps the rip. The 23500 floor catches the fall. Pro defends the wall. The chain runs the pin.

Education today. Expiry day is two m ...