#option data

Nifty aiming 13,460, hints options data

MUMBAI: Heavy put selling is happening at the 13500 and 13400 strikes intraday Wednesday, which hints at an extended market rally, for now. Selling of at -the- money puts 13,500 — with the Nifty at 13,517 — means sellers don’t expect the market to fall , which, in turn, would help them pocket the premium paid by the put buyers. Put buyers expect a decline below the strike sold minus premium paid…

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