Nov 23, 2010

Premarket View - 23.11.2010

Option reading index is (negative) -4.03 which is up from last trading day figure of 2.12 indicating selling may back again. The figure is very high changing from positive 2.12 to negative 4.03 which means enhanced volatility with swing to 2 std deviation or probably indicating time expiry on option. In such case, probably we can witness narrow range movement. My guess is enhanced volatility. 
 




2 comments:

sriganeshh said...

mok

any comments on today's post..?

mo h said...

hi Sri,
got your comment in my inbox, good.
as u said, what a volatile day !
:)