Consolidating Expiry! Option sellers adore consolidation.
Still, there is intraday volatility. The market teaches us to adjust our positions based on intraday volatility, What we've seen in the last few expiries *It is good to see the nifty close above 17050. But looking at the chart, the weakness is still there. I will make a decision after watching the 17150 to 17300 range, because the 17200–17250 range acts as a support many times keep an eye on it. NIFTY opened with a gap up, but still, resistance is respecting what we can see.
My weekly option selling - 17200 CE, 17150 CE, and 16850 PE, at last, 17000 PE made a good profit this week. We have one more expiry left. Let's see how December is going to end. I hope everyone is having a great year-end.
My weekly option selling - 17200 CE, 17150 CE, and 16850 PE, at last, 17000 PE made a good profit this week. We have one more expiry left. Let's see how December is going to end. I hope everyone is having a great year-end.
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