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Option sellers baking in 8% swing in Nifty on election D-Day : comparemela.com
Option sellers baking in 8% swing in Nifty on election D-Day
During such events traders' anticipation of wild swings raises prices of both call and put options. This, in turn, results in a spike in fear gauge India VIX, which has rallied 88% this month to 24.18 as of Thursday.
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