F&O traders expect 20% move in Vodafone Idea

Traders have sold large number of call and put options on Vi (Vodafone Idea NSE -2.55 %) ahead of the company’s annual general meeting (AGM) Wednesday, to seek nod for fund-raising. Premiums paid by buyers indicate the option sellers are hedging themselves against sharp movement in the stock. Sellers have factored in 20 per cent move from 10 either side.

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