Nifty Bank rolls were at 77% (below the past 5-month average) and on weekly expiry option chain reflects on PE writers building positions at 40,000 strike – overall more than 40 thousand contracts, with CE writers adding up equal and fair exposures at 41,500, followed by 43,000 strikes – fresh additions of more than 20 thousand contracts each, which reflects on the broad range in between 40,000-43,000 zones for the Index.
