Planning for Expiry Level.
Normally NIFTY Expires near the PIVOT. In OAT it is the MAX Pain or the AVG of the MAX OI, which is at 6100.
In the Lower timeframe like 9min, 15min it is around 6090.
In the 30 min timeframe it is at 6035.
In the 60 min timeframe it is at 6048
So the Expiry could be anywhere between 6035 and 6090 or let us say 6048.
So those who want to Trade the pairs for Expiry Can sell 6000PE-6100CE @ 30 and 6050PE-6050CE @ 65. Totally the Premium is 95
Close the Pairs if moves out of the 6035 - 6090 Range
Normally NIFTY Expires near the PIVOT. In OAT it is the MAX Pain or the AVG of the MAX OI, which is at 6100.
In the Lower timeframe like 9min, 15min it is around 6090.
In the 30 min timeframe it is at 6035.
In the 60 min timeframe it is at 6048
So the Expiry could be anywhere between 6035 and 6090 or let us say 6048.
So those who want to Trade the pairs for Expiry Can sell 6000PE-6100CE @ 30 and 6050PE-6050CE @ 65. Totally the Premium is 95
Close the Pairs if moves out of the 6035 - 6090 Range