PVR NSC 14th DecHi traders,
this is a price action analysis of the PVR LTD Co. and i can see that there are some good chances to SELL CALL option at strike price :1700
and
SELL PUT option at strike price of 1100 with strike date of 31 DEC 2020
we can see currently we are facing a heavy resistance zone and there are high chances that the market gets range or goes bearish if not able to break the 1500 to 1650 resistance zone
so
we are hoping the price to be range bound between 1100 and 1700 so you can pocket the premium money
with selling both call and put you can increase your breakeven price on both the upper and lower side of the setting
in this scenario we are betting against the volatility of the market and wishing the market to be range bound so we can capitalize on the premium
please comment your opinions
Callsell
BX - Great way to Own Apartments, Hotels and Office SpaceBX Bottoming Process + High Vol Support + IPOs to Resume + Private-Equity / Venture-Capital to SUCCEED. Great Dividends. Put Sell and Call Sell while making money on Dividends. ALL of this without owning any apartments or hotels or office space. I am long the stock right now, but getting ready to do a Call sell on it since up move seems to have ended as of 11/30/2016. As it starts to move down, and the stock bottoms, it is time to do an aggressive Put Sell and get your stock back if you lost it. Remember, you might have double ownership of the stock, so do NOT go in with a full position. Start with 1/3rd position.
