ICICI PRU | Weekly Bullish Options Setup | 27 Jan Expiry

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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.

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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

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.