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✌️

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@niki_poojary My chart reading on #infy


@PRSundar64 @niki_poojary Low of 1590, the PRZ on the hourly charts ! Now 1650 will be a stiff resistance !!


@PRSundar64 #infy update !

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