tohardik

XJO Monthly Expiry (17/08) below 7400

Short
tohardik Updated   
ASX:XJO   S&P/ASX 200 Index
Massive open interest for 7400 and (all strikes after 7400) call option expiry 17/08. There will be big resistance for ASX200 to go past 7400.
Comment:
Massive shift of call writing from expiry 17/08 to 24/08. The strike for the 24/08 expiry is 7375.
This analysis is based purely on the open interest change for XJO
There is a sizeable put writing at 7100 strike for the expiry 7100. it seems in short term XJO range seems 7100 - 7400.
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