Thrive Algo ✨
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Algo Trading.Always Ahead of the Curve 📈 Disclaimer: The Content is for informational and educational purposes only, you should not construe any such information or other material as investment or financial advice.
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ICYMI:
Strait of Hormuz sees nearly 400% rise in traffic as Iran's grip on waterway weakens – NY Post
SEBI Considering reducing derivatives trading time from 3:40 PM to 3:30 PM - ZEE BUSINESS
two positive news coming from US
https://investinglive.com/news/trump-tells-reporters-us-and-canada-reached-a-deal-suggests-iran-negotiations-continue
and
https://investinglive.com/commodities/precious-metals-surge-after-surprise-us-treasury-announcement-to-support-longer-dated-securities
Gift Nifty +110
This could be the biggest economical blow to Iran
https://investinglive.com/commodities/uae-halts-all-trade-and-financial-dealings-with-iran-mofa-official-says
This was a very good week
we made 4%+ in this week despite the Chaos around CAS
Capital - 20 to 22 lacs
PnL - 85k to 90k this week
attached the verified PnL link
Account 1 -
https://verify.thefirstock.com/?id=14100673020267613750770631815
Account 2 -
https://verify.thefirstock.com/?id=14132579320269219D70538685815
for context
whole day sensex was within blue lines
but CAS prices were wild
77400 to 78200
No Point of Intraday Move when everything decided with auction in last 10 min
The mechanism implemented to stop expiry manipulation
has become the playground for manipulators
it's past 11 am on Expiry Day
and highest OI on any Sensex Strike is hardly 25 lacs (which usually is even 1 cr sometimes)
todays volume is aprox 25% of normal.. 70% drop in trading volumes on an Expiry Day !!
wow... Traders staying out of Expiry Trading
this will Impact BSE share price
and NSE IPO
Market Dynamics have changed
Straddle which opened today around 500 is now trading 710
even above Yesterday's High
Nifty Straddle opened below 100 at 9.15 am today
spiked to 120+ just around 3 pm
and now trading abv the opening level !
Reverse Theta Decay on Expiry Day !!!!
this is unprecedented
all bcz of CAS !!
SEBI has fucked the market dynamics
