Tata Steel 28 Oct Option Put 190 May Go to ₹30 If It Stays Above ₹14 – A Trader’s Technical Insight
đĸ ENGLISH SECTION Title: Tata Steel 28 Oct Option Put 190 May Go to ₹30 If It Stays Above ₹14 – A Trader’s Technical Insight --- Introduction Options trading in stocks like Tata Steel always attracts attention because of its volatility and predictable chart patterns. Recently, one particular contract — Tata Steel 28 October 190 Put Option — has caught traders’ eyes. The observation: > If this Put stays above ₹14, it may rise to ₹30. Such setups often become popular among experienced traders who know how to balance risk with potential reward. Let’s explore why this trade looks interesting and what factors can influence its movement. --- 1. Understanding the Setup Underlying Stock: Tata Steel Expiry Date: 28 October Strike Price: ₹190 Option Type: Put (right to sell) Current Premium: ₹14 Expected Target: ₹30 Condition: Must stay above ₹14 If the premium remains firm above ₹14, it suggests active Put buyers expecting the underlying stock to fall below ₹190 — a bearish sign...