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WIPRO OPTION CHART KEY LEVEL WIPRO 175 CE – Technical View (15-Min Timeframe) Key Observation: The option premium is currently trading near a crucial support zone of ₹5.90 – ₹6.00, where price has approached a long-term descending trendline support. This zone will be important for determining the next directional move. Support Zone: ₹5.90 – ₹6.00 Bullish Scenario: If the premium sustains above this support zone and shows a reversal confirmation, we can expect: Minimum Upside Potential: ₹3 RS Move Moderate Upside Potential: ₹5 RS Move
NSE:WIPRO260630C175Long
by FiveCircles
MRNA: Smart Money Targets 49–52 ZoneToday in Moderna I spotted a pretty interesting move on the times and sales. Price was sitting around 47, and someone came in with a big call spread for next week using the 49/52 strikes. What caught my attention wasn’t just the size, it was how it got filled. The whole spread went through right in the middle of the bid/ask, which is usually a sign of institutional execution, not retail chasing. With IV sitting around 87%, buying naked calls would be expensive, so a call spread makes way more sense for someone who wants upside exposure without paying full premium. To me, this doesn’t look like a bearish play at all. If it were bearish, they’d be loading puts or selling calls into the bid. Instead, this structure looks like a controlled bullish bet, probably expecting a move into that 49–52 zone but not counting on a huge breakout. It’s the kind of trade you place when you want upside, but you’re not trying to overpay in high IV. This type of flow usually shows up when someone is positioning early for a short‑term move. With IV elevated and the spread executed clean, it lines up with a trader who wants directional exposure but with defined risk.
NASDAQ:MRNALong
by Wiiso
Zoom: Institutional FootprintHeavy aggressive buying hit the 90 puts (june 9) today, with volume far above OI and multiple 50+ contract blocks lifting the ask. The flow began after the morning flush and continued while the underlying rebounded, with IV holding steady around 47.75%. This behavior is consistent with institutional hedging, not a directional bearish bet. The chart structure supports this view, showing consolidation, defended support, and a reversal during the put accumulation.
NASDAQ:ZM
by Wiiso
Market Outlook | Nifty Expiry 02 June Market sentiment has remained firmly bearish for the last two trading sessions, and as of now, there are very few signs suggesting an immediate change in trend on today's Nifty expiry. Gift Nifty is trading below yesterday's closing level and is indicating a gap down opening of nearly 100 points. What makes this opening particularly important is that the projected opening zone coincides with a major daily and hourly support area. This support zone can be considered the last line of defence for the bulls. A strong reaction from buyers is possible here, but if the level fails to hold, selling pressure could intensify further. Key Levels for Today Resistance Zone 23,430 – 23,450 This area is likely to act as the first hurdle for any recovery attempt. Bulls need to reclaim and sustain above this zone to improve the short-term outlook. Support Zone 23,200 – 23,250 This is the most critical support area for today's session. The market's reaction here will likely determine whether buyers can stage a bounce or whether bears continue to dominate. Volatility Alert A sharp gap-down opening near a major support zone has the potential to trigger a rise in both India VIX and Implied Volatility (IV). As a result, traders should be prepared for highly volatile and unpredictable price swings during the opening phase of the market. Because of this, it may be wise to avoid rushing into trades immediately after the open. Allow the market at least 30 minutes to settle down and reveal its true direction before planning fresh positions. What to Watch Whether buyers defend the 23,200–23,250 support zone. Changes in the option chain during the first 30 minutes. Fresh Put writing or Put unwinding near support. Aggressive Call writing at higher levels. Movement in India VIX and option premiums after the opening gap. Final View The overall sentiment remains bearish, and the market is set to begin the day under pressure. However, the index is approaching a very important support zone where a meaningful reaction from buyers could emerge. The first 30 minutes and the option chain behaviour around 23,200–23,250 will be crucial in determining whether the bearish momentum continues or whether the market finds support and attempts a reversal. Patience will be more valuable than prediction today. Let the market show its hand before committing to a trade.
NSE:NIFTY
by Virupandey81
7
Opening (IRA): SPY August 17th -704P... for a 7.12 credit. Comments: (Late Post). Here, just targeting the strike paying around 1% of the strike price in credit which is at the 19 delta strike. Basically, just looking to deploy some capital so that my buying power isn't just sitting there doing nothing. As previously mentioned, this isn't "ideal," since it isn't weak and IV isn't stellar, but your options are either to take what the market gives you or to just sit on the sidelines, waiting for perfect market conditions in which to take a position. Metrics: Max Profit: 7.12 Buying Power Effect: 696.88 ROC at Max: 1.02% Will generally look to roll up if in profit to the strike paying around 1% of the strike price in credit if >45 days remain, take profit on approaching worthless, and/or sell call against if assigned shares. Will also look to add at intervals, assuming I can get in at strikes/break evens better than what I currently have on.
AMEX:SPY
by NaughtyPines
Opening (IRA): SPY July 17th 712 Short Put... for a 4.22 credit. Comments: (Late post.)Here, looking to capture the next increment of up move I missed out on from my covered call max (See Post Below) of 708 while I sat on my hands, waiting for a meaningful dip and a pop in VIX past 21 which hasn't materialzied. Consequently, I've structured the trade to have a break even at or below 708 and will ladder out to capture the next increment of move above 708 (e.g., between 708 and 713). This isn't "ideal" here; I generally like to sell premium on weakness "plus," with the "plus" being higher IV. Unfortunately, we haven't had a significant dip over the last several weeks to take advantage of, but am willing to take on some risk given the fact that I don't have a great deal of capital deployed at the moment. Metrics: Max Profit: 4.22 BPE: 707.78 Break Even: 707.78 Will generally look to take profit at or near max or take assignment, sell call against.
AMEX:SPYLong
by NaughtyPines
Opening (IRA): HOOD August 21st 65 Monied Covered Call... for a 60.71 debit. Comments: Scrounging around for trades in underlyings at or near their 52 week lows and with high IVR/IV. Going moneyed and structuring this setup such that it results in a break even at or near the 52-week low, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense/free cash flow aspect of the short call. Metrics: Max Profit: 4.29 Buying Power Effect: 60.71 ROC at Max: 7.07% Will generally look to take profit at or near max and/or roll out short call on approaching worthless.
NASDAQ:HOODLong
by NaughtyPines
Opening (IRA): IBIT August 21st 38 Covered Call... for a 36.36 debit. Comments: (Late Post). Added a little more at a strike/break even better than what I currently have on before hitting the road for the long holiday weekend. Sold the -75 delta strike against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense/free cash flow aspect of the short call. Metrics: Max Profit: 1.64 Buying Power Effect: 36.36 ROC at Max: 4.51% Will generally let these run until expiry and take profit at/near max or roll out the short call on approaching worthless.
NASDAQ:IBITLong
by NaughtyPines
Opening (IRA): SPY May 15th 615 Monied Covered Call... for a 603.33 debit. Comments: Adding at intervals, assuming I can get in at break evens better than what I currently have on, selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Max Profit: 11.67 Buying Power Effect: 603.33 ROC at Max: 1.93% Will generally look to run these to expiry, take profit on the setup as a unit at or near max, and/or roll the short call for duration on approaching worthless.
AMEX:SPYLong
by NaughtyPines
Opening (IRA): SPY May 15th 590 Monied Covered Call... for a 577.74 debit. Comments: Adding at intervals, assuming I can get in at strikes better than what I currently have on. Selling the -75C against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense and free cash flow element of the short call. Doing this a little early this week due to the market being closed on Good Friday ... . Metrics: Max Profit: 12.26 ($1226) Buying Power Effect: 577.74 ROC at Max: 2.12% Will generally look to take this off at or near max and/or roll the short call out on approaching worthless.
AMEX:SPYLong
by NaughtyPines
Opening (IRA): IWM May 15th 220 Monied Covered Call... for a 214.82 debit. Comments: Adding at intervals, assuming I can get in at break evens/strikes better than I currently have on. Selling the -75 delta call against shares to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Max Profit: 5.18 Buying Power Effect: 214.82 ROC at Max: 2.41% Will generally look to run this to expiry and look to take profit at or near max and/or roll out the short call on approaching worthless.
AMEX:IWMLong
by NaughtyPines
PLTR Ready for a DeclineHigh-asymmetry setup on NASDAQ:PLTR just got even more extreme. The 140 PUT is now trading around $0.30 (~$30 per contract). If Palantir pulls back toward $130, this option could reprice toward ~$10 (~$1,000). That completely changes the payoff profile. Risk: 30Reward: 1000⇒RR≈33.3 You’re now looking at a 30x+ asymmetry. This is not about being right on direction with precision. It’s about being positioned for a sharp move where convexity does the heavy lifting. Key points: • Ultra-defined risk — only $30 per contract • Massive convex payoff if downside accelerates • Volatility expansion can significantly boost pricing • Even a move halfway can create outsized returns • Probability remains lower (~30–40%), but payoff dominates This is where trading shifts from prediction → probability-weighted outcomes. You don’t need many winners. You need the right structure when you’re right. Plan: Entry: ~0.30 Scenario target (PLTR ~130): option ~10 Max loss: premium paid Aggressive sizing not required due to convex payoff Not financial advice. For educational purposes only.
NASDAQ:PLTRShort
by Market_Atlas
12
Multibagger of the year Finolex Cables Ltd. is the leading manufacturers of electrical and telecommunication cables and related electrical products. Founded in 1958, with a market cap of 12400 cr, It has shown a sign of reversal after a correction of 58.82% from it's high. It has formed a double bottom chart pattern and finally gave a breakout on 10/02/2026 at around 813 level. It has also released it's Q3 results with a strong growth in revenue by 35% YOY and 9.7% in PAT YOY Some Fundamentals : 1> PE = 18 2> ROE = 13% 3> Operating Cashflows = Positive 4> Net cash Flow = positive 5> Debtor Days = 17 Overall fundamentally and technically this is the stock, one should look for and these are all the qualities of a company that makes it a multibagger. currently stock is at 810.80 level and 813 would be good level to make a purchase.
NSE:FINCABLESLong
by shubham_sali
Why I Don’t Trade Credit Spreads Like Most TradersMost traders love credit spreads for one reason: they look clean. Limited risk. Defined reward. Time decay working in the background. High probability on paper. It sounds like the perfect income strategy. But in real markets, I think the standard credit spread is deeply flawed. Because most traders are not really trading credit spreads. They are selling a little premium and hoping the market stays quiet long enough to let them keep it. That is not robustness. That is fragility disguised as probability. ## The hidden weakness of standard credit spreads The classic setup is simple: sell a far out-of-the-money spread, collect a premium, and assume price probably will not reach your strikes. And most of the time, that assumption works. Until it does not. That is the trap. The “unexpected” move is never treated seriously enough by most traders. But over time, unexpected events become inevitable. Volatility returns. Trend days happen. News hits. Positioning breaks. Markets stretch farther and faster than people model for. When that happens, the standard credit spread reveals its true structure: * small gains collected slowly * large losses when price finally breaches the zone * very little flexibility once the position is under pressure So while traders tell themselves they are “just collecting premium,” they are still making a directional bet. They still need the market to cooperate. And when it stops cooperating, they usually have only three choices: * cut the loss * roll the trade * or keep hoping None of these are powerful choices. ## Even iron condors don’t solve the real problem Many traders think iron condors fix this by selling premium on both sides. I disagree. Iron condors do not remove fragility. They just distribute it. Now instead of being vulnerable in one direction, you are vulnerable in both. One aggressive move is enough to break one side, and the small collected credits often do not justify the stress and asymmetry of the risk. So the usual retail logic becomes: collect small premiums consistently, then try to survive the day the market stops behaving. That is not how I want to trade. ## I like the idea of credit spreads — but not the standard structure There is a reason traders are attracted to credit spreads in the first place. Selling premium is powerful. Capital efficiency is powerful. Theta is powerful. I agree with all of that. What I disagree with is the standard equal-leg structure. Most traders build credit spreads with a simple one-to-one design: one short leg, one long leg. That is where the problem starts. Because equal-leg structures are efficient when the market stays controlled, but fragile when the market becomes disorderly. And real markets become disorderly all the time. ## My approach: ratio-based premium structures Instead of using a standard one-to-one credit spread, I prefer ratio-based structures such as: * 1:2 * 1:3 * 3:4 The exact ratio depends on the market, implied volatility, and how much opposite-side protection I want. This is the key shift. I still keep the best part of the credit spread idea: premium selling and efficient ROI. But I do not trap myself inside a fragile one-direction structure. By using uneven legs, I can build a position that is much more anti-fragile. ## What anti-fragile means here A fragile trade needs the market to behave. An anti-fragile trade has a way to benefit when the market behaves differently than expected. That is exactly why I like ratio structures. With a standard credit spread, if your direction is wrong, the trade is usually just wrong. With a ratio structure, if the move completes hard in the opposite direction, the extra uneven protection can start working for you. That means the trade can still make money even when the initial premium-selling direction was wrong. That is a completely different game. Now the structure is not relying on perfect prediction. Now disorder itself can become useful. That is real edge. ## Yes, the premium-side ROI may be lower Of course, there is a tradeoff. When you buy extra protection compared to a standard credit spread, you often lower the raw premium collected. So if all someone cares about is maximizing immediate premium ROI, the ratio structure may look less attractive. But that is short-term thinking. Because what you gain is far more valuable: * stronger hedge on the opposite side * less dependence on perfect direction * better survival in volatile conditions * more flexibility when the market makes a bigger move I will gladly accept slightly less premium if it buys me much more robustness. That is a trade worth making. And if the structure is better hedged, I can also size more intelligently without exposing myself to the same level of fragility as a standard spread. ## The real weak point: death valley This does not mean ratio-based spreads are magic. They have their own weak point. The main risk is what I call the **death valley** — the zone between the short leg and the extra long protection. That is the uncomfortable area where the move is too large for simple premium decay to fully save you, but not large enough for the extra protection to fully take over. That is the area that requires respect. But even here, I still prefer this framework because the structure gives me more flexibility. In some cases, I can convert it back toward a more standard credit spread profile to reduce that death-valley risk. So even the weakness is more manageable than the typical retail setup of collecting pennies while hoping chaos stays away. ## This is still credit spread thinking — just upgraded In the bigger picture, this is still part of the same family. I still want: * premium income * efficient use of capital * strong return on deployed risk But I want it through uneven-leg structures, not equal-leg structures. That one design decision changes everything. Equal-leg credit spreads are built to profit from calm. Ratio-based structures are built to survive and even benefit from disorder. And in markets, disorder matters more than calm. ## The result that changed my conviction Using this approach, I was able to generate about **$2,000 from a $15,000 account consistently**, roughly **13% return**, without needing to perfectly guess market direction every time. That matters. Because the point is not to worship prediction. The point is to build structures where being wrong does not automatically destroy the trade. There were times when my initial premium-selling direction was outright wrong. And I still made money from the opposite side. That is the power of anti-fragility. ## Final takeaway Most traders use credit spreads as a fragile income strategy. They collect premium while secretly hoping nothing unusual happens. I prefer to use ratio-based spread structures that keep the premium-selling logic, but add asymmetry and protection so that bigger moves do not automatically become disasters. The crowd sells premium and prays for stability. I want a structure where instability can still pay me. That is how I like to trade credit spreads.
SP:SPXEducation
by quantsignals_alpha
2
Opening (IRA): TLT May 15th -83P... for a .91 credit. Comments: I don't know that I really need more TLT shares, but wouldn't mind picking them up if they're cheap or they reduce my cost basis in the stock aspect of my covered call setup. Here, targeting the 52-week low in the expiry that is paying around 1% of the strike price in credit. This is a bit long-dated, but I don't have much on here, so am fine with hanging out in the trade longer than I would usually. Metrics: Max Profit: .91 ($91) Buying Power Effect: 82.09 ROC at Max: 1.11% Will look to ladder out at the 83 strike, so long as it's paying >1% of the strike price in credit.
NASDAQ:TLTLong
by NaughtyPines