10.95Open11.90Pre Close1 Volume144 Open Interest50.00Strike Price1.10KTurnover2405.62%IV-0.28%PremiumAug 16, 2024Expiry Date11.06Intrinsic Value100Multiplier-1DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type-0.9279Delta0.0217Gamma3.46Leverage Ratio-25.1703Theta0.0000Rho-3.21Eff Leverage0.0004Vega
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.