The Tanmay Edge | India's pre-market edge, every trading day.
Episodes
S2Ep125 | Breadth Broke To 0.164, And The Only Bid Left Was IT |16th Sept Wednesday
Host Tanmay reviews a volatile session where the Sensex fell 1.
S2Ep124 | The Writers Swapped Sides On The Last Day, And We Gap Up Onto The Magnet | Nifty Expiry | 15th Sept Tuesday
Tanmay reviews Friday's expiry, noting Nifty settled at 23,401 with a 4% WIX rise and a shift in max pain to 23,450.
S2Ep123 | I Called The Pin And It Landed Inside Three Points. I Also Told You To Buy Volatility And That Leg Lost 349. | Brent Went Vertical To 107.85 | The Nikkei Is Down Three Percent | 11th Sept Friday
Tanmay Kurthagoti analyzes a narrow Nifty bounce amid weak market breadth and a collapsing futures basis, signaling long unwinding rather than fresh buying.
S2Ep122 | Three Indices Closed At The Exact Low, And Brent Crossed 100 And Held It All Night | There Is No Green In Asia This Morning | Both Sides Just Piled Onto 23,500 | 10th Sept Thursday
Tanmay Prudhvi analyzes India's pre-market outlook as Nifty settles at its daily low amid global redness and Brent crude holding above $100.
S2Ep121 | I Got The Direction Wrong And The Fly Lost 73.55, Which Is The Exact Number I Published Before I Entered It | The Wings Saved 33 Points | And My Model Projected The Settlement To Within 2.85 Points | 9th Sept Wed
Tanmay Kurtavoti reviews a failed ironfly trade and analyzes Nifty’s drop to 23,635, noting that large banks dragged the index down while the broader market remained resilient.
S2Ep120 | Friday's Board Was Built For A Rally And It Took One Session To Take The Whole Thing Apart | 659 Lakh Calls Written, 189 Lakh Puts Covered | I Am Still Buying The Dip Into 23,600 With An Expiry Target Of 23,900 | 8th Sept Tuesday
Host Harmeet Singh breaks down the market's sharp reversal from a gap-up signal to a 0.
S2Ep119 | The Board Got Ready For A Rally And The Close Did Not Get The Memo | Calls Covered, Puts Written, Volatility Crushed, And Now We Open 35 Points Lower | The First Question Today Is 23,900, Not 24,000 | 7th Sept Monday
Host Tanmay reviews a volatile Friday session where Nifty gave back gains to close near its low, highlighting a sharp reversal in sector rotation and a significant sell-off in the cable industry.
S2Ep118 | It Is Not Volume. It Is One Way Flow. | Three Tests In Three Days Settle The Closing Auction Argument | On Expiry Day It Mispriced One Stock Out Of 210 Against 72 Out Of 1,955 Outside It | 4th Sept Friday
Host Tanmay Guhtgi analyzes the Nifty auction's resilience against one-way passive flows, noting that while the auction absorbed expiry volume, it struggled with directional pressure.
S2Ep117 | I Tested My Own Finding And It Did Not Repeat | Correlation Minus 0.712 On The Rebalance Day, Minus 0.087 On A Normal One | 44 Stocks Mispriced Then, One Now | The Auction Is Not Broken, It Is Thin | 3rd Sept Thursday
Tanmay analyzes the NSE auction's failure on rebalance day, revealing it is 4x worse than normal due to depth issues rather than design flaws.
S2Ep116 | The Auction Gave It All Back | 69 of the 70 Stocks It Marked Up on Monday Fell on Tuesday | Correlation Minus 0.712 Inside the Auction, Zero Outside It | ITC Printed 255.50, Closed 266.60 |
Host Harmanja Singh analyzes a significant market microstructure anomaly where 69 of 70 F&O stocks reversed their Monday closing auction prices on Tuesday.
MSCI Rebalance: Reliance 87% Delivery, Adani Energy -10.4%, Zero Auction Dislocation In The Large Caps | 111 Micro-Caps Broke Anyway | IV Explodes 49%, Both Signals Flip To BUY VOL | S2Ep115 1st Sept Tuesday
Host Kharmaikutgi analyzes the MSCI rebalance, noting that while closing auctions were flawless, the event exposed liquidity gaps in the derivatives market.
S2Ep114 | The Banks Bought Themselves Back | BANKEX Recovers 650 of 1,094 Points | Puts +311 Lakh, Calls -36 Lakh, PCR Turns for the First Time in Four Sessions | 31st Aug Monday
Hosts Matt Rogers and Bow and Yang analyze India's pre-market setup for Nifty expiry and an MSCI rebalance, highlighting a volatile reversal driven by IT stocks.
S2Ep113 | One Stock, Two Exchanges, Two Prices | IndusInd Closes 1002.90 And 970 On The Same Day | BANKEX -1,094 Points vs Nifty Bank -0.47%, Nine Of Ten Worst Dislocations Are Banks | Sensex Indicative Flashes 75098, Monthly Settles 667 Points Below
Tanmay Kuthaguti analyzes a severe price dislocation in Indian bank stocks caused by closing auction mechanics, where thin order books led to significant gaps between exchange settlements.
S2Ep112 | The Close Was Made In The Auction | Sensex Expiry Day, Max Pain 77600 Is Also The Gamma Flip | Writers Flip From 8-To-1 Puts To 5-To-1 Calls, 78000 Wall Hits 39.6 Lakh | Nifty PCR Collapses 1.16 To 0.73, Floor Migrates To 24000 |
Host Durnmaj Kuroti analyzes the Sensex and Nifty ahead of the August 27 expiry, noting a complete flip in options data from put to call writing.
S2Ep111 | The Wall Became The Fuel | Nifty Closes AT The High, 134 Points ABOVE Max Pain, Through 2.16 Crore Calls | Crowd's Record 8.44 Lakh Naked Puts Expire Worthless | Fresh Board Writes Puts 1.75x Faster, Gamma Flips At 24350 | Oil Collapses To
Host Karmaikurtgoti analyzes Nifty's breakout above 24,300, noting that 8.
S2Ep110 | The Wall Won | The Gap Was The High, 430 Lakh Calls Pressed, 24300 Doubles To 216 Lakh | Pros Dump 1.8 Lakh Calls, Crowd Buys Them And Writes A Record 8.44 Lakh Naked Puts | Weekly + Monthly Expiry Together, Gap-Down Into 24150 | The Trapdo
Tanmay Kurtagoti analyzes Nifty's drop to 24,219 and a record 8.
S2Ep109 | Two Points Off The Magnet | Nifty Closes 24252 vs Max Pain 24250, Expiry Tomorrow | The Wall Rebuilt At 24300 (135 Lakh Calls) vs 150 Lakh Puts At 24200 | Oil Breaks To 92, Gold Record 4646, Korea -2.8% | +100 Gap Above The Wall: Buy On Dip
Tanmay analyzes Nifty’s pre-market setup, highlighting a 100-point gap up against strong 24,300 resistance and 24,200 support.
S2Ep108 | The Carpet Got Ripped Up | First Higher Close In 8 Days, 200 Lakh Calls Covered, PCR Crosses 1 | 69 Lakh Puts March On 24200, Max Pain Climbs To 24250 | Pros Flip Long, FII Sells The Rally | Oil 94, Gold Record, Nasdaq -1% | Gap Into 24300
Host Tanmay Gutgi analyzes Nifty's bullish reversal, noting the PCR crossing 1.
S2Ep107 | Round 4, Priced For Boredom | The Auction That Moved 284 Points Costs Less This Week, 24 Lakh Calls Press 77000, And The Crowd Sets A Fifth Record | 20th August Thursday
Host Amma Kurti analyzes Sensex and Nifty ahead of Thursday's expiry, noting Sensex closed below the 77,000 strike while Nifty hit a seven-day losing streak.
S2Ep106 | The Morning Korea Broke | A Fourth Record Naked Put Book Meets The Pros' First Bearish Lean, Oil Prints 92, And The Battlefield Is 24000 To 24300 | 19th August Wednesday
Host Tanmay Guri analyzes a volatile pre-market session marked by Nifty's sixth consecutive daily decline and a record-low rupee.
S2Ep105 | The Oil Trigger Fired At 91 | A Third Record Naked Put Book Walks Into Expiry, 135 Lakh Puts Defend 24300, And Vol Wakes 25 Percent At The Floor | 18th August Tuesday
Episode 105 of The Tanmay Edge covers Nifty's expiry day, analyzing a 5-day downtrend and record client put-selling.
S2Ep104 | The Crowd Rebuilt The Record | 6.08 Lakh Naked Puts At The Cheapest Vol Of The Month, Max Pain Holds 24400 A Fourth Day, The Machine Rotates Fresh | 17th August Monday
Tanmay Kulkarni analyzes Nifty's pre-expiry setup, highlighting record retail naked put selling and FII cash buying as volatility hits cycle lows.