Another perspective. Max Calls buildup at 2800, 2900. Probable resistance at 2800-2900. Max puts buildup at 2700, 2500, but interestingly see the buildup of 2800 PE. Let's see how things unfold.
Another perspective. Max Calls buildup at 2800, 2900. Probable resistance at 2800-2900. Max puts buildup at 2700, 2500, but interestingly see the buildup of 2800 PE. Let's see how things unfold.
I ma very naive in trading and TA but logic seems simple as one can see http://img25.imageshack.us/img25/4313/89106492.jpg
smart people knew this seems like a relief rally so writers of option generated/generating high value.
now expectin a slow downfall they would benefit even if not by buyin call at cheap rates would still end up in profits by putting less value to make trade
I ma very naive in trading and TA but logic seems simple as one can see http://img25.imageshack.us/img25/4313/89106492.jpg
smart people knew this seems like a relief rally so writers of option generated/generating high value.
now expectin a slow downfall they would benefit even if not by buyin call at cheap rates would still end up in profits by putting less value to make trade.
I am sorry if the logic look not rght ..i m still very much new..kindly excuse for the mistake if so.
Regards,