Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Vega Raja Profile picture
Vega Raja
@volalens
Systematic vol trader from Gurgaon, India.
May 13, 2023 • 11 tweets • 4 min read
How to decode THE VOLATILITY REPORT ?

#trading #nifty #banknifty #nse #wealth #investing #stockmarkets Image SYMBOL+TENOR+SL NO+EXPIRY DATE || TODAY

SYMBOL: Underlying name (e.g., Banknifty, Reliance)
TENOR: Maturity type (Weekly, Monthly, LEAPs)
SL NO: Maturity priority (1st = closest weekly expiry)
EXPIRY DATE: Contract maturity date
TODAY: Recording date Image
May 11, 2023 • 4 tweets • 1 min read
There is no free lunch, only risk preemiums, in a two sided market its difficult to quote at your fair spread, lot of competition. Fintwit calls it akin to operating insurance biz. Unfortunately

1. LIC has access to hundreds and thousands of uncorrected underlyings, we do not (poor liquidity, black swan corr≈1)

2. Low competition, one sided, hence ability to quote at rich/juicy risk preemiums, we do not.