Expiry Strategy Apr: Sell 240 Call @ 1.2

٤ أبريل ٢٠١٩

EMA 50-day and 200-Day signals the bearish trend. Recent reversal from 50-day EMA and MACD confirms the downward trend. In the coming days, the stock would retest the downside level of 200. Expect it to expire below 200-EMA which hovers around 240 level.