that's right & it hapnd in BN otm/ far otm puts also....
No standard reasons i understood why this happens...but its not rare. It happens every now n then..
sometimes happens in many strikes and at times limited to 1 strike where option price clearly diverge from the direction they are supposed to move visa-a-vi index. More common in BN than Nifty.
Results: IndusInd Bank, Wipro, Bandhan Bank, Chadha Papers, Hathway Bhawani Cabletel and Datacom, TV18 Broadcast, Shiva Cement and Network 18 Media & Investments are among the companies that will release their quarterly earnings today.