Long
Expiry Strategy: Sell 290 Put @ 1.5
It witnessed a turnaround by finding a breakout from recent consolidation. As well, MACD confirms the trend reversal. Expect it would expire above 290 level for this expiry. Due to low liquidity, advised to execute the transaction by placing a sell order @ 1.5.
Trade closed: target reached
Allowed to expire as target "ZERO" achieved
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