Today, Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted that the central bank’s decision on moderating interest rates will focus on long-term inflation trends rather than short-term monthly data. With inflation figures for August standing at 3.7%, slightly up from July’s 3.6%, the Monetary Policy Committee (MPC) is set to meet in October to decide the next steps.
As the RBI navigates through long-term inflation projections, market volatility could increase. Traders who expect uncertainty leading up to the October MPC meeting can benefit from the Ready-made Option Strategies (ROS) feature on Upstox Pro. The ROS allows users to manage risk or potentially profit from these anticipated market movements, particularly on indices like NIFTY 50 or BANK NIFTY, where options trading is highly influenced by inflationary data and central bank decisions.
How to Access the Ready-made Option Strategies Feature on Upstox Pro:
- Open the Upstox Pro app.
- Click on the “Orders” tab.
- Select the “Ready-made Option Strategies” section.
- Choose strategies based on your market outlook, risk appetite, and preferred asset, such as NIFTY 50 or BANK NIFTY.
With ROS, you can explore pre-curated strategies that will help you to navigate market uncertainty by identifying new opportunities, minimizing risks, and optimizing your profit probability during this volatile period.
Have more questions regarding this feature? Check out our FAQ post on Ready-made Option Strategies.
