With inflation rising to unprecedented levels and expectations of further monetary tightening, the deep out of the money call options that I had purchased look worthless now. Though, there is a month to go for the options to expire, I have my doubts over Nifty showing a pull back.
We are so very deeply hinged to the oil prices that it appears as if the OPEC is controlling us as their puppets.
Filed under: Investing | Tagged: call options, derivatives, oil