Long

Expiry Strategy: Sell 290 Put @ 1.5

Updated
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
Chart PatternsTechnical Indicatorsoptionexpiryoptionsellingoptions-strategyoptionstrategyTrend Analysis

Disclaimer