Avoid bottom fishing in current volatility, opt for Reverse Jade Lizard options strategy: ICICIdirect
From the rollover perspective, Nifty has started the new series with six-month low open interest ahead of crucial events. At the same time, Nifty near month premium remained on higher side amid high VIX (17%), which need to be subside significantly from current levels. We believe post events, we may see decline in volatility and premium both, which should provide support to the market.
