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Sudden spike in FinNifty put options, premium goes up almost 10x

Technical analysts told Moneycontrol that the sudden spike in put option prices could be a big algo trade backed by a spike in volumes.

Anshul-jain
Lakshmishree-investments
Finnifty
Derivatives
Markets

Algo mania? FinNifty put premiums spike across the board, trigger stop-losses

Seasoned traders say the number of traders looking to make a quick buck on expiry day has been steadily rising over time. The NSE has weekly options contracts expiring on all days except Friday, and the BSE has a weekly options contract (Sensex) expiring on Friday.

Singapore
Chennai
Tamil-nadu
India
Amit-jain
Ashish-gupta
Rajendran-kirubakaran
Algo-mania
Finnifty
Stop-losses
Erivatives-traders-

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