Today's market had a clear direction in the first hour, but now the market is a little bit risky. Those who made money in the morning should opt out of trading entirely.
However, the market might be sideways to bearish until 2 PM. Since today is the monthly expiry, its better to sell OTMs on a spike (44200 and 44700 with proper risk to reward).
There can be a gamma burst at 44270 and 44450, which can be an excellent scalping opportunity. However, I will refrain from buying calls until 2 PM - we might get a short covering rally.
I will be a spectator today selling far-away otms! Will only enter in case of a scalping opportunity.
However, the market might be sideways to bearish until 2 PM. Since today is the monthly expiry, its better to sell OTMs on a spike (44200 and 44700 with proper risk to reward).
There can be a gamma burst at 44270 and 44450, which can be an excellent scalping opportunity. However, I will refrain from buying calls until 2 PM - we might get a short covering rally.
I will be a spectator today selling far-away otms! Will only enter in case of a scalping opportunity.
הערה:
Try not to trade - at least buy options from now. Better not to lose or gain than to be sorry.
הערה:
We have a wide CPR today, and Bollinger bands are contracting. So, when there is a move, it will likely be a move with momentum. But today's move after 2 PM will be deceptive.
עסקה פעילה:
Scalped from 44310 till 44260
הערה:
Taking a short trade instead of scalping was enticing but I refrained from doing so as per my view. See the green candle at 44300. It is a solid support.
הערה:
I believe the rally has started. Careful!
Personally I'm not taking any trades now
Personally I'm not taking any trades now
הערה:
Try not to trade. Overcome the temptation.
הערה:
There is a rally in the market, but I'm not entering any trade as calls are overpriced, and puts are discounted. A single red candle can wipe away all the capital. Best is to spectate and enjoy. Dont get FOMOd
העסקה בוטלה באופן ידני:
I hope this view was helpful
