NIFTY Camarilla Levels & 200± Straddle Study – 20th June 2025
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🧠 H4 Break & Premium Sync – The Controlled Expansion Day
Opening Setup:NIFTY Futures opened around 24,800
Camarilla Levels:
H3 near open,
H4 just above,
PDH also near H4 → strong combined breakout zone
First 15-30 Minutes:Market showed mild consolidation
Then clean breakout above H4 + PDH
Strong up-move followed, confirming intraday momentum
Now Let’s Decode with Structure Tools:
VWAP Slope – The First Confirmation
Post-breakout, VWAP sharply sloped upward
→ Confirmed strength behind price – not just random spike
VWAP stayed below price all day
→ Writers didn’t trap buyers — they adjusted to trend 200± Straddles – Not Range, but Directional Participation
25,000 Straddle (+200 Zone):
CE leg inflated strongly with price move
Premium expanded and held → Confirmed buying strength
24,600 Straddle (–200 Zone):
PE leg collapsed fast
No attempt to recover = no downside interest
→ Writers supported directional flow by abandoning PE defense 24,800 ATM Straddle – The Day's True Pulse
Post-breakout, ATM straddle shifted from theta zone to expansion mode
Both CE & total straddle premium expanded in sync with price
No flattening or crush = Not a trap, but real follow-through
Conclusion
Tool What It Told Me
VWAP Slope Strong, supportive → directional uptrend
+200 Straddle CE expanded with price → strength, not trap
–200 Straddle PE crushed fast → no reversal pressure
ATM Straddle Shifted from decay to expansion = true trend“Price broke H4, and for once, premiums agreed. VWAP didn’t fight the move, it flowed with it. ATM Straddles didn’t decay—they evolved. This was not a trap; this was a signal.”
