pradipandsuvra

Crude Oil (MCX): Friday - 02/12/22

MCX:CRUDEOIL1!   Crude Oil Futures
Supports: 6500 (Very Important - Fib 61.8%), 6325-6350, 6200, 6075
Resistance: 6650-6680 (Very Important - Fib 78%), 6775-6800

OI Data: Call OI Changes: 6600(2.2K), 6700(2.5K), 6800 (2K), 7000(5.6K)
PUT OI Changes: 6500 (3.2K), 6400 (2.6K), 6200 (2K)

So from OI perspective, this Option Strategy shall work for 15th Dec Expiry:
Strategy: Iron Condor (range bound)
BUY Call 7000, BUY Put 6100
SELL Call 6900, SELL Put 6200




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.