1.07Open1.43Pre Close105 Volume5.40K Open Interest40.00Strike Price12.11KTurnover923.70%IV0.36%PremiumAug 16, 2024Expiry Date1.06Intrinsic Value100Multiplier-1DDays to Expiry0.14Extrinsic Value100Contract SizeAmericanOptions Type-0.6555Delta0.1519Gamma24.34Leverage Ratio-27.4838Theta0.0000Rho-15.95Eff Leverage0.0010Vega
PokaiTrader : 1. underlying business, management, industry
2. understand the market participants
3. know that all tickers cycle up n down
4. identify the momentum from big boys, ride along
5. no long term hold, go in n out on those cycles
$Nextracker (NXT.US)$ is a promising ticker, upcoming. Probably priced 3 digits up in a few years. Make no mistake, when markets dump, this will dump as well. But it will come back, slowly. Unless there's a tectonic shift in business fundamentals.
Sound and professional team, founders still in the management. Spin off from $Flex Ltd (FLEX.US)$ and now building out and growing the business.
Recent 64.00 high is in price discovery. Will be key level, bit higher for next profit taking exit zone. Now in a cycle down, almost bottoming. Great accumulation zone. Multi month cycles, with smaller cycles in between within shorter quarterly earnings cycles.