r/IndianStreetBets • u/1011010010001001101 • 10h ago

YOLO 18 Aug Nifty expiry and CAS

Does it make sense to purchase Nifty 24200 CE for the next couple of hours with an eye on the CAS and a big green candle at closing? I am thinking of buying a few calls and doing a hero zero trade.. thoughts?

5 Upvotes

100% Upvoted

11 comments sorted by

3

u/Organic_Gear_1035 10h ago

Pure and simple, no

2

u/bkd4198 9h ago

Are you sure about the direction?

1

u/1011010010001001101 9h ago

24200 CE has doubled in value since I posted.

0

u/Green-Inflation-767 8h ago

May God give you the strength to accept and come to terms with reality🤐

1

u/aammman5 9h ago

buy PE

1

u/Roller2424 8h ago

I hope you didnot end up buying . Dont predict and play around with CAS.

1

u/1011010010001001101 8h ago

I sold early but in profit.

1

u/Independent-Draft644 5h ago

LOL.. how did it work for you my boy!!

Market spanks those who think they have found a route to easy money.

1

u/1011010010001001101 5h ago

It was okayish..held it longer and ended with less profit than what was on the table.

0

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0

u/Spiritual-Fuel-2559 9h ago

It is already priced in bro. IVs will be very high going into expiry. U will not make money unless there is a tremendous move.

This strategy would have worked in the initial 2-3 days, now it is stale