Stop loss below 77.5 close candel day bcz a huge put writers sell puts of 77.5 so its cant close below it. buy near 77.5 and sell half quantity 77.9 so its break out this lvl and go higer 78 or 78.5. Strictly stop loss 77.4 but if it comes again 77.5 like 77.55 then buy again messive puts writers here 3 june expiry.
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