so tomorrow most probably gap up open will be happening
one gap up opened the market will start falling as I told it is a rising wedge
as a result of the gap-up market likely to start at 35500
so, buy put option 35500PE
Target 1: 35300 (good support //once breaks then the target will be 2 ) Target 2: 35000 (good support //once breaks then the target will be 3 ) Target 3: 34600
@strongFerret95542, thanks for your reply, please ask any doubts if you have
BhupeshKumarManhare
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Sir how to decide options strike price ?
naperushivapratap
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@strongFerret95542,
if the market price is 35000
35100 becomes OTM option in CE and ITM in PE
34900 becomes ITM option in CE and OTM in PE
35000 becomes ATM option in both CE and PE ( choose always market price or near to the market price as the strike price when you are buying options)