Were the insiders aware of INFY's buyback news?
Yes, they were..
Have a look at the option chain data-
>Huge call writing at ATM/OTM/even ITM strikes.
>Put unwinding visible in ITM strikes
>Put writing at ATM/OTM strikes is by retail (Not so informed players )
Hence the reaction on INFY ADR 👇
Many things are hidden in data if u search correctly..
Wanna learn Option chain reading & its effects on stock way ahead ??
Coming up soon with lots of interesting stuff in depth✌️
