Sensex Given Good Movement on Expiry
In yesterday's Sensex expiry, we witnessed some fascinating price action movements that kept traders on their toes. While it didn't result in a dramatic swing from hero to zero, the expiry scenario did offer some noteworthy moves.
Let's delve into the details of the price action for various Sensex put options:
SENSEX 74600 PUT: The price surged impressively from Rs. 49 to Rs. 710, marking a significant uptrend.
SENSEX 74500 PUT: This option saw a remarkable climb from Rs. 38 to Rs. 620, indicating a strong bullish momentum.
SENSEX 74400 PUT: Investors witnessed a substantial increase from Rs. 28 to Rs. 530, signaling a bullish sentiment in the market.
SENSEX 74300 PUT: The price soared from Rs. 19.5 to Rs. 437.5, reflecting robust buying interest among traders.
SENSEX 74200 PUT: This option experienced an impressive surge from Rs. 14.35 to Rs. 353.35, and from Rs. 2.5 to Rs. 16.5, showcasing significant volatility and trading opportunities.
SENSEX 74100 PUT: Investors saw a notable rise from Rs. 11.75 to Rs. 263.85, indicating a bullish bias in the market sentiment.
SENSEX 74000 PUT: The price appreciated from Rs. 8.95 to Rs. 181.4, reflecting bullish momentum and investor confidence.
SENSEX 73900 PUT: This option witnessed a noteworthy increase from Rs. 6.75 to Rs. 125.75, highlighting positive market sentiment.
Overall, yesterday's Sensex expiry presented traders with ample opportunities to capitalize on these price movements. The substantial uptrends observed across various put options indicate a bullish sentiment prevailing in the market, offering traders the chance to profit from strategic trading decisions.
Happy Trading!
