Reason for put here . After 3 wick breakout strategy ( based on e book setup) ..that green hammer was a winning trade . And that hammer clossed at sellers level. Hammer made a new low..so the sellers will try to reach that level again or try to retest that level .that's why placed a put .
It again sellers entered here .( only because of otc . It' will make errors like this .it's common .they will manipulate. ( it's already retested..so we can go with buyers... but it again go up and hit a level very far .and made a red .. ) and we recovered that in the next trade . )