PI Industries : Straddle / Strangle
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.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.