Introduction

Open High and Open Low are terms used in stock trading to describe the behavior of a stock’s strike prices at the beginning of a trading day.

Basic Terms:

a) Open High: Strike prices that start the day higher than the previous day’s closing prices.

b) Open Low: Strike prices that open below the previous day’s closing prices.

Why Use It?

-> These terms help traders identify strikes with specific price behaviors at the market open.

-> A stock’s price will grow as a result of higher demand if there are more buyers than sellers—that is if there are more buyers than sellers—of the stock. On the other side, a stock’s price will drop if more individuals are selling it than are buying it.

-> Useful for traders looking for potential breakout or breakdown opportunities.

Navigation:

Analysis-> Instrument Overview-> Options-> Open High Open Low

How to Use It?

-> Select the expiry date.

-> Choose the number of strike prices they want to analyze.

-> Filter strike prices based on either Open High or Open Low behavior.

FAQs:

1)What does it mean when strike prices Open High?

-> When strike prices Open High, it indicates that they started the trading day at a level higher than the previous day’s closing prices, potentially signaling bullish sentiment.

2)How can Open High and Open Low information be useful for trading?

-> Traders can use this information to identify stocks with specific price behaviors, helping them make informed decisions about potential entry or exit points in the market.

Support

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Disclaimer

The materials and content available on this platform are intended solely for educational purposes, aiming to demonstrate the functionalities of the Stolo product and facilitate a better understanding of its operation. It is important to note that we do not assume responsibility for any financial gains or losses incurred. Prior to making any financial decisions, we strongly recommend consulting with your investment advisor for personalized guidance.