It is a consolidation expiry. As we discussed, Nifty is in between the ranges. 17200 to 17300, still acting as a resistance. Let's see if there is any upward movement from the channel. My option selling: hey, it's a consolidation option, so sellers make money. The day started with 17050 PE and 17300 CE. I booked 17500CE and 17800 PE with profit. Finally, I sold even 17150 put as well, ending with a good profit.
I hope everyone ends this year on a high. My focus for the coming week is on the upper side of 17300 and the lower side of 17000–16900.
New Year's greeting
I hope everyone ends this year on a high. My focus for the coming week is on the upper side of 17300 and the lower side of 17000–16900.
New Year's greeting
