achalmeena

SBIN short for 272

Short
achalmeena Updated   
NSE:SBIN   STATE BK OF INDIA
Why Selected SBIN for analysis ?

- PE290 premium is 2.44% of spot price and therefore people are betting more and more for 290 or below.

Levels please !!

Levels provided in the graph

Strategy

buy some suitable PE when CMP is below 288 for target of 272
Highest OI for PUT also happens to be at 270
Max pain calculator suggest max pain value as 300
Trade active
Trade closed manually:
Max Pain now stands at 295, keep trailing stoploss. I have already exited

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