Budget week inflates option premiums due to market uncertainty, with Nifty ATM straddles consistently opening high. While volatility rises pre-Budget, an “IV Crush” consistently deflates premiums post-speech. Defined-risk strategies like Iron Flies and Condors proved most successful, limiting losses during extreme moves.
US stocks today: S&P 500 ends down as AI worries hit chipmakers
U.S. markets closed lower as chip stocks declined on concerns the AI-driven rally may be overstretched. Losses in Micron and other semiconductor firms weighed on
July 7, 2026