Use the following table to choose which options to take for the current month. Follow our Trend Analysis screener to make your decision firm and complete.
Do remember following thing while choosing strike price;
for CE, PCR should be between 0.5-1
for PE, PCR should be 1-1.5
if PCR is >1.5 it implies stock is bottoming out
if PCR < 0.5, it implies stock is making its top