https://twitter.com/JoeBiden/status/1313494229126184968
Don't take any positional view on indices.... because, volatility range is almost 600 ~ 820 points since from August to till date... hence.... go by swing reversals to catch the trend...
10800 to 11650....same way downside swing may happen....(forget about the monthly levels)
Enjoy the swings...
This is a different pattern altogether ....
Cheers guys...
More strength on monthly call option....... (weekly option band is different strategy).....
Don't get confused with weekly and monthly option.... strategies are different...
Cheers...
Check 11400 call ...closed above 366....
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366 will act as resistance..... details posted in the hangout....
Take care...
Nifty volatility range is 584 points....more strength is on call side.... no use in selling monthly spread options...
Sold, weekly call and puts...based on weekly bands....
No naked option entry is visible...
Cheers...
Now ... i am neutral...
However...Risk free...morning hangout out post level comes...sell and hold...nothing to worry....
Intraday trading too...
Today selling point of option for risk free trade.... posted in the hangout...
Will hold with out s/l ...s/l should be premium + strikeprice above...
Index future, range for the day.....11512.40 ~ 11621.30...
"Think beyond your circumstances"
Cheers...