Which RSI Divergence indicator are you using ?
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There maybe more Options related mathematics like IV, premium decay, options greeks ...etc involved in this, but I think OTM strikes are taken only when writers think that these levels may reach very soon i.e fast and large moves in coming days..
Pls pour in your tho...
Hi,
Considering the fall from April 29, 2022, 16700 turns out to be close to 61.8% of retracement level. Or, considering the fall from April 5, 2022, again 16700 matches with 38.2% Fibonacci retracement level.
15000 was one of the important support in the past from where the r...
