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 |
Summary
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. With max pain and the gamma flip level converging at 77,600, he predicts a compressed trading range between 77,000 and 78,000. The episode details foreign institutional investor cash buying against derivative selling and recommends an iron fly strategy to navigate the anticipated low-volatility expiry day.
Topics discussed
Sponsor: Berkeley College
Sponsor: Kewpie Mayonnaise
Market Recap: Sensex and Nifty Close
Sensex Options Board and PCR Analysis
Sensex Expiry Levels and Volatility
Nifty Options, Max Pain, and Gamma
Sector Performance and Small Cap Rally
Institutional Flows: Pros, Clients, and FII
Global Markets and Commodity Update
Futures Basis and Opening Strategy
Intraday Plan: Pivot, Resistance, and Support
Recommended Trades and Closing Remarks
Sponsor: Berkeley College
Sponsor: Just Food For Dogs
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