Have been looking to get into ITC once it come close to 280 or below. I got my chance on Sep 6 and entered Sep at 277.

Fast forward Sep 13, the stock is showing weakness and showing tendency to consolidate between 270-275 or possibly go down furhter if it breaches 270 on the downside.
Deployed the hedge by selling 275CE.

Will be tracking it and updating the position.
Trend Analysis

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