On December 28, my Visa $130 CSP position expired worthless. Credit collected : $1.65. Closing price on Friday $130.94.Now I am ready to open a new position.
Before opening a new operation , I give a brief look to OI and its Volume just to see where sellers and buyers are placed .
OI: I see a strong resistance @$144 but not a big and clear support.
OI volumes are placing @$123 (possible support) and @$139. We will see where buyers and seller will put or move their bets.
Max Pain forecast around @$132
Visa market price $ 131,43 …STO 1 CSP , Exp. 02/01/2019 Strike $120 @1,65 , 1STD under the stock price.