ICICI PRU | Weekly Bullish Options Setup | 27 Jan Expiry
Trade Structure (Text Format)
• Sell 680 PE
• Buy 670 PE
• Defined-risk bull put spread
Why this setup works
ICICIPRULI ICICI Prudential is holding above key support near the 675–680 zone after a healthy pullback. Price is stabilising above the lower band, RSI is holding the mid-zone, and put-side open interest is building around 680, indicating strong downside support.
With time decay in our favour and no immediate breakdown signals, this structure benefits if the stock simply stays above support.
View
Moderately bullish — expecting ICICI PRU to hold above 680 and consolidate higher into expiry.
This post is for education only. It’s not financial advice or a recommendation to trade.
#WeeklyOptions #BullPutSpread #ICICIPRU #OptionsTradingIndia #NSEOptions #ThetaGang #HighProbabilityTrades #DefinedRisk
• Sell 680 PE
• Buy 670 PE
• Defined-risk bull put spread
Why this setup works
ICICIPRULI ICICI Prudential is holding above key support near the 675–680 zone after a healthy pullback. Price is stabilising above the lower band, RSI is holding the mid-zone, and put-side open interest is building around 680, indicating strong downside support.With time decay in our favour and no immediate breakdown signals, this structure benefits if the stock simply stays above support.
View
Moderately bullish — expecting ICICI PRU to hold above 680 and consolidate higher into expiry.
This post is for education only. It’s not financial advice or a recommendation to trade.
#WeeklyOptions #BullPutSpread #ICICIPRU #OptionsTradingIndia #NSEOptions #ThetaGang #HighProbabilityTrades #DefinedRisk
HSR
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.