Vega Raja Profile picture
#optiontrader giving you a microscopic view of the volatility world || Follow to learn more about #volatilitytrading || NFA, DYOR!
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.