SBIN 29th JUNE-1x 29JUN2023 600CE - ₹ 3.65
+1x 29JUN2023 620CE - ₹ 1.15
Prob. of Profit- 81.88%
Max. Profit-₹ +3,750(7.34%)
Required Margin -- ₹ +51,084
PCR-0.60
At the 600 strike level, 14,580,000 of OI which is the highest CALL selling
There was a 2,499,000 OI change.
577 is a crucial level for SBIN, but as the candles are getting smaller in size 1Hr time frame, this could be a sign of trend change, but still, the sellers are in charge.