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 )
More from Infy
Infosys - updated chart. stock on one more leg upside. https://t.co/DT7NKfG7YJ
Infosys - Infy - The key is to keep trailing your Stop losses once the target is achieved and do not sell your winners. You never know what is going to come up. https://t.co/WPTHIyOUCq pic.twitter.com/sXBQwDqmZV
— Steve Nison (@nison_steve) August 5, 2021