TCS went up by 1.79% today. Considerable gain for a day.
However, "OPT-TCS-27-Oct-2016-2600-CE" on ICICIDirect went down by 47%, considerable drop for a day.
There is of course time decay of CE, but its just middle of the month now and how else should one try to understand this inverse correlation?
However, "OPT-TCS-27-Oct-2016-2600-CE" on ICICIDirect went down by 47%, considerable drop for a day.
There is of course time decay of CE, but its just middle of the month now and how else should one try to understand this inverse correlation?
TCS is up, but CE Option is down?
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