ONGC - Theta Decay Trade

١٧ سبتمبر ٢٠١٧

ONGC has been trading near the long time support level of 150 to 160 for almost a month and last week it broke the resistance level of 164.

Looking at the Support & Resistance one can sell September series 155 PE at Rs 1.3 & 175 CE at 0.40.