Head of Trading/ Partner, AceGama Advisors

Sankalp Singh

Head of Trading/ Partner

Proprietary Trading Desk

AceGama Advisors

Trading desk specializing in the Listed & OTC options strategies for risk management & investment purposes.

Cross Asset Strategy

<ul>
<li>New ATHs again in NIFTY50! But IVs move significantly lower! Holiday shortened week ahead.</li>
<li>Vol Regime Model shifts clearly to "High &amp; Down" state. Wait-and-see approach warranted on account of 3-day weekend. </li>
<li>As of 01-Mar-2024 Weekly &amp; Monthly BankNifty options will expire on Wednesdays.  </li>
</ul>


New ATHs again in NIFTY50! But IVs move significantly lower! Holiday shortened week ahead.
Vol Regime Model shifts clearly to "High &amp; Down" state. Wait-and-see approach warranted on account of 3-day weekend. 
As of 01-Mar-2024 Weekly &amp; Monthly BankNifty options will expire on Wednesdays.  


EQD / NSE Volatility Update / 04-Mar-24 to 08-Mar-24

<ul>
<li>Put-Call Ratio back at 1.30. Put-buying interest returns as Nifty50 scales new All-time-Highs</li>
<li>Nifty50 Vol curve starts the week in Backwardation &amp; moves into Contango as Weekly IVs dip. BankNifty Vol curve showing a kinked shape.</li>
<li>Vol Curve has unwound the skew/smile compression built up over prior weeks</li>
</ul>


Put-Call Ratio back at 1.30. Put-buying interest returns as Nifty50 scales new All-time-Highs
Nifty50 Vol curve starts the week in Backwardation &amp; moves into Contango as Weekly IVs dip. BankNifty Vol curve showing a kinked shape.
Vol Curve has unwound the skew/smile compression built up over prior weeks


EQD / NSE Volatility Update / 26-Feb-24 to 01-Mar-24

<ul>
<li>IVs fail to move higher in spite of new highs in NIFTY50 Index </li>
<li>New banking regulations from the RBI causing frothiness in BankNifty options market</li>
<li>Regime Switching Model is in the process of switching from "High &amp; Up" to "High &amp; Down" Vol state</li>
</ul>


IVs fail to move higher in spite of new highs in NIFTY50 Index 
New banking regulations from the RBI causing frothiness in BankNifty options market
Regime Switching Model is in the process of switching from "High &amp; Up" to "High &amp; Down" Vol state


EQD / NSE Volatility Update / 19-Feb-24 to 23-Feb-24

Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Bottom-Up

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
 Highlights: Currently seven pair trade opportunities persist across three markets and five sectors. 
</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

 Highlights: Currently seven pair trade opportunities persist across three markets and five sectors. 


Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (24 Aug 2026)

<ul>
<li>
Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.</li>
<li>
Highlights: In India's financial sector, currently four pair trade opportunities persist
</li>
<li>
Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.</li>
</ul>



Context: This Insight follows up on previously highlighted relative value opportunities, using a statistical methodology based on mean-reversion to identify opportunities in paired securities.

Highlights: In India's financial sector, currently four pair trade opportunities persist


Why read: Statistical analysis offers a unique perspective on relative value. Gain insights into actionable statistical pair trade opportunities and monitor performance of previously highlighted pairs.


India: Relative Value Opportunities and Pair Trades (21 Aug 2026)

India

Nifty Bank Index is a free-float capitalization-weighted index comprised of the most liquid and large capitalized Indian Banking stocks. The index will have 12 stocks from the banking sector, which trade on the National Stock Exchange. The index was developed with a base value of 1000 as of January 1, 2000.

NSE Nifty Bank Index (NSEBANK INDEX EQUITY)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

NSE Nifty Bank Index (NSEBANK INDEX EQUITY)

EQD / NSE Volatility Update / 04-Mar-24 to 08-Mar-24

NIFTY50 hits new highs as IVs continue to drop. Potential change in Vol Regime. But caution advised due to holiday-shortened week. BankNifty...

AceGama Advisors

EQD / NSE Volatility Update / 26-Feb-24 to 01-Mar-24

Put-buying interest returns as Nifty50 hits new highs. Volatility curves oscillate between backwardation & contango. BankNifty vol curve exhibits...

AceGama Advisors

EQD / NSE Volatility Update / 19-Feb-24 to 23-Feb-24

Despite new highs in NIFTY50 Index, IVs remain stagnant; RBI banking regulations lead to frothiness in BankNifty options market; Regime Switching...

AceGama Advisors

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (24 Aug 2026)

Discover seven pair trade opportunities across three markets and five sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

India: Relative Value Opportunities and Pair Trades (21 Aug 2026)

Discover four pair trade opportunities using statistical mean-reversion methodology for actionable insights. Ideal for quant traders seeking mean...

Gaudenz Schneider

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

EQD / NSE Volatility Update / 04-Mar-24 to 08-Mar-24

​NIFTY50 hits new highs as IVs continue to drop. Potential change in Vol Regime. But caution advised due to holiday-shortened week. BankNifty...

AceGama Advisors

EQD / NSE Volatility Update / 26-Feb-24 to 01-Mar-24

​Put-buying interest returns as Nifty50 hits new highs. Volatility curves oscillate between backwardation & contango. BankNifty vol curve exhibits...

AceGama Advisors

EQD / NSE Volatility Update / 19-Feb-24 to 23-Feb-24

​Despite new highs in NIFTY50 Index, IVs remain stagnant; RBI banking regulations lead to frothiness in BankNifty options market; Regime Switching...

AceGama Advisors

Relative Value Opportunities in Asia-Pac, Pair Trade Roundup (24 Aug 2026)

​Discover seven pair trade opportunities across three markets and five sectors using statistical mean-reversion methodology for actionable insights.

Gaudenz Schneider

India: Relative Value Opportunities and Pair Trades (21 Aug 2026)

​Discover four pair trade opportunities using statistical mean-reversion methodology for actionable insights. Ideal for quant traders seeking mean...

Gaudenz Schneider

NIFTY50 hits new highs as IVs continue to drop. Potential change in Vol Regime. But caution advised due to holiday-shortened week. BankNifty...

Put-buying interest returns as Nifty50 hits new highs. Volatility curves oscillate between backwardation & contango. BankNifty vol curve exhibits...

Despite new highs in NIFTY50 Index, IVs remain stagnant; RBI banking regulations lead to frothiness in BankNifty options market; Regime Switching...

Discover seven pair trade opportunities across three markets and five sectors using statistical mean-reversion methodology for actionable insights.

Discover four pair trade opportunities using statistical mean-reversion methodology for actionable insights. Ideal for quant traders seeking mean...