Options traders ready for sharp stock moves in India on US vote
Thu, Oct 31, 2024 10:01 AM

Options traders ready for sharp stock moves in India on US vote

A Flip by Avya Verma
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Options traders are betting the US election will trigger a wild move in the Indian stock market. Among the NSE Nifty 50 Index options expiring next week after the vote, calls with an exercise level of 24,500 and 24,400 puts have added more than 60,000 contracts each in the past week, becoming some of the most owned, data compiled by the local exchange and Bloomberg show.

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