Pre Market Report, May 15, 2014 | Stocks and Commodities

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May 15, 2014
Time: 8.15 am

Pre Market Report:

1. US markets fell by more than half a percent.
2. Despite that, some Asian markets are up.
3. SGX Nifty is trading around 7150.
4. Markets here likely to be more volatile.
5. VIX is likely to rise.
6. Option premiums may shoot up.
7. Those who bought options should exit when the volatility is high.
8. Once the election results trend is clear by tomorrow afternoon, VIX is likely to fall drastically.
9. Premiums will collapse even in the direction of the market.
10. One more opinion poll predicts very good numbers for NDA and previous polls are also upgrading the numbers by factoring in the last election day polls.
11. It is almost certain that NDA will get majority.
12. Even if they do not get, Patnaik and Jayalalitha and NCP will support them.
13. Bank Nifty has been trading sideways for the last few days, that may break out.