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The 11:30–VWAP–OI Framework : A Disciplined Approach to Intraday Index Option Trading

CRA PERSPECTIVE • TRADING EDUCATION The 11:30–VWAP–OI Framework A Disciplined Approach to Intraday Index Option Trading WAIT • OBSERVE • VERIFY • ENTER • PROTECT An educational framework for studying timing, market positioning, VWAP, option-chain data and risk management. The Problem With Rushing Into the Market Intraday index-option trading can create an intense temptation to act during the first few minutes of the session. Prices can move rapidly, option premiums can expand suddenly, and traders may feel that missing the first move means missing the entire opportunity. But a disciplined trading process does not begin with the question: “Where should I enter?” It begins with: “What information has the market revealed?” The CRA Perspective framework presented here combines a time filter, option-chain positioning, Put-Call Ratio (PCR), VWAP, price structure and predefined risk controls into one structured decision process. “Pati...

BHANGRA THE TRADITIONAL FOLK DANCE OF PUNJAB, INDIA



The origins of traditional Bhangra are speculative. According to Dhillon (1998), Bhangra is related to the Punjabi dance 'bagaa' which is a martial dance of Punjab.

However, the folk dance of Majha originated in Sialkot and took root in Gujranwalla, Sheikhupur, Gujrat (districts in Punjab, Pakistan) and Gurdaspur (district in Punjab, India). The traditional form of Bhangra danced in the villages of Sialkot district is regarded as the standard. Although the main districts where traditional Bhangra is performed are in Punjab, Pakistan, the community form of traditional Bhangra has been maintained in Gurdaspur district, Punjab, India and has been maintained by people who have settled in Hoshiarpur, Punjab India after leaving what is now Punjab, Pakistan.

Being a seasonal dance, traditional Bhangra is practiced in the month leading up to the festival of Vaisakhi. During this month, the harvest, especially wheat crop, is reaped. Local fairs mark the festival of Vaisakhi. After days of harvesting and at Vaisakhi fairs, Bhangra is performed, as a dance of men alone.

Traditional Bhangra is performed in a circle and is performed using traditional dance steps. The drum is played according to local beats and is accompanied by singing peculiar to Majha which are folk songs called dhola. The following is an example of a dhola


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