41.58Open49.08Pre Close189 Volume1.02K Open Interest310.00Strike Price775.15KTurnover95.71%IV-0.12%PremiumDec 6, 2024Expiry Date41.42Intrinsic Value100Multiplier2DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.9488Delta0.0038Gamma8.34Leverage Ratio-0.5060Theta0.0198Rho7.91Eff Leverage0.0304Vega
gabrielgoh : Not an expert, but we can have 2 situations here.
Bearish case: Yesterday’s trading session showed $350 level a strong support in short term. If today’s stock price plummets back below 350, we can easily see a $340 to $338 a share this week.
Bullish case: Because overall trend is still uptrend, if today’s stock price showed a green candle stick, it is basically a uptrend trend continuation, possibly breaking out of 361 level and hitting $381 in coming weeks.