Options Strategy & Analysis (Fresh)
NIFTY – Expiry Date: 2026-06-16 | Spot Price: ₹23,160.60
📊 Chart Analysis
Bias: Bearish
EMA/Trend: EMA 20: 23,250.37 | EMA 50: 23,269.76 | EMA 200: 23,369.75 (Bearish)
Support/Resistance: Support @ 23,100 | Resistance @ 23,400
Stoch RSI: 14.80 (Oversold)
OHLC Statistics: Open: 23,117.60 | High: 23,164.50 | Low: 23,102.85 | Close: 23,160.60
🖼️ 15 Min Chart
Market sentiment is Bearish with potential Oversold Intraday Bounce.
📈 Option Chain Analysis
Expiry Date: June 16, 2026
Highest Put OI Strike: 23,100 (Strong Support)
Highest Call OI Strike: 23,400 (Strong Resistance)
IV Status: Low Volatility
Lot Size Details: Base Lot: 65 (Multiplier: 1x) - Standard Nifty option lot size of 65
📰 News & Global Market Analysis
Indian stock market indexes Nifty 50 and Sensex slide into red amid global risk-off sentiment
US-Iran conflict escalates with fresh exchange of attacks, driving crude oil prices up
Iran announces closure of Strait of Hormuz following US military strikes; Brent June crude rises above $94 per barrel
🎯 Selected Hedged Strategy
Strategy: Bear Call Spread
Strikes Execution:
- SELL NIFTY 23,200 CE @ ₹141.25
- BUY (Hedge) NIFTY 23,300 CE @ ₹98.95
Rationale: Bearish with Oversold Intraday Bounce potential
💰 Pre-Trade Metrics
Entry Premiums (Net Credit): + 42.30 Points
Max Profit: ₹2,749.50
Max Loss: ₹3,750.50
Prob. of Profit (POP): 60%
Lot Basis: 1 Lot (65 Shares)
Risk Level:
📌 Detailed Strategy Note
Market Analysis Summary:
Execution Action Plan:
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⚠️ Disclaimer
Options trading involves significant risk and is not suitable for every investor. Please ensure you understand the risks involved and consult with your financial advisor before participating. Past performance does not guarantee future results. Trade responsibly.
