Some out of money options get double or triple in 4-5 days or some in a week. How to spot such trades?
For example....Take the case of ICICI Bank...28 July 2018 was the expiry of July Contract.
On 30th July we Buy ICICI Bank 300 CE at around 11 Rs.
On 9th Aug it was trading above 44 Rs.
It got multiplied 4 times......If we see the Chart of ICICI bank..it was showing Bullish Signs on 28-29-30 July
So my question is how to spot such trades? What are the parameters to decide?
For example....Take the case of ICICI Bank...28 July 2018 was the expiry of July Contract.
On 30th July we Buy ICICI Bank 300 CE at around 11 Rs.
On 9th Aug it was trading above 44 Rs.
It got multiplied 4 times......If we see the Chart of ICICI bank..it was showing Bullish Signs on 28-29-30 July
So my question is how to spot such trades? What are the parameters to decide?