Sideways movement expected
The current price is at a strong resistance zone, and considering the Option OI & PCR, stock is most likely to be in consolidation phase. Since it will be range bound, one can take a call accordingly. I would prefer to enter in a short straddle for Jan 2021 expiry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.