The stock's volatility has jumped-up significantly in last 2-3 days.
The stock has resistance around 3700, and support around 3400 levels with a minor gap.
The trend isn't that strong yet - but keep a eye on, in case it changes.
The level of 3700 has maximum CE OI built up, so will act as a signifiant resistance in Dec series.
Idea 1 (less margin) : Sell 3650CE and Buy the 3800CE to create a spread
Idea 2 (higher margin) : Sell 3600CE and 3450PE to create a high probability strangle. Do adjustment if it starts trending strongly.
We should be able to make 4-5% return on capital with this strategy.
The stock has resistance around 3700, and support around 3400 levels with a minor gap.
The trend isn't that strong yet - but keep a eye on, in case it changes.
The level of 3700 has maximum CE OI built up, so will act as a signifiant resistance in Dec series.
Idea 1 (less margin) : Sell 3650CE and Buy the 3800CE to create a spread
Idea 2 (higher margin) : Sell 3600CE and 3450PE to create a high probability strangle. Do adjustment if it starts trending strongly.
We should be able to make 4-5% return on capital with this strategy.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.