0.01Open0.02Pre Close1 Volume1.04K Open Interest560.00Strike Price1.00Turnover174.21%IV59.36%PremiumDec 6, 2024Expiry Date0.00Intrinsic Value100Multiplier2DDays to Expiry0.01Extrinsic Value100Contract SizeAmericanOptions Type0.0008Delta0.0001Gamma35142.00Leverage Ratio-0.0099Theta0.0000Rho26.61Eff Leverage0.0008Vega
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.