Today’s market delivered classic Extremistan asymmetry—Nifty shed 0.38% to 25,942 amid broad weakness, yet stock option buying strategies captured massive downside convexity in HindZinc and IRFC, generating outsized profits aligning with Nassim Taleb’s barbell philosophy. MCX commodities also showed mild profits today.
Nifty closed down 100 points with Sensex off 346; metals reversed gains under global pressure while individual stocks decoupled sharply. Screenshot confirms HindZinc and IRFC as star performers on downside, with open profits reflecting precise entry timing. This validates option buying’s edge in fat tail events
Taleb’s framework shone: small bets on cheap OTM options explode during rare dispersions, as seen in today’s stock-specific drops versus flat index decay. My positions avoided theta bleed while convexity compounded; total P&L up despite Nifty’s 0.5% mild drag.
Leave a comment