#MLTX Straddle with high volume. Reaction on levels
Very High probability of reaction on reversal levels.
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance.
We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination with your own strategy.
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance.
We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in combination with your own strategy.
Comment:
Yesterday, resistance level played nicely! Gave us a bounce 7.5%.
