Munafa COPPER (target) price & Options chain analysis (COPPER (Tamba Laal Dhatu)) Option chain analysis (COPPER) 22 Tue October Expiry Which Call CE or PUT PE options to buy or sell in COPPER (Tamba Laal Dhatu) COPPER
COPPER Option Chain Data Analysis for COPPER (Tamba Laal Dhatu) COPPER option chain
Maximum Call writing has been for strikes: 850 830 860 840
Until yesterday Maximum Call writing has been for strikes: 830 840 850 820
Open Interest of Call writers for the options of COPPER (Tamba Laal Dhatu) COPPER is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of COPPER (Tamba Laal Dhatu) might be more profitable. However, avoid buying CE of strikes higher than ones listed above, as these will serve as resistance
Maximum Put writing has been for strikes: 840 820 830 800
Until yesterday Maximum Put writing has been for strikes: 820 830 840 800
Open Interest of PUT writers for the options of COPPER (Tamba Laal Dhatu) COPPER is shifting downwards. This would mean that markets are slowly moving downwards, and buying PUTS and PE might be more profitable. However, above mentioned levels will serve as support so avoid buying PE below those above mentioned levels.
Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in COPPER (Tamba Laal Dhatu) COPPER at this time.
It appears as if COPPER (Tamba Laal Dhatu) COPPER gave a large move recently.
Stock of COPPER (Tamba Laal Dhatu) (COPPER) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
Although my analysis for COPPER (Tamba Laal Dhatu) is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 839.1, for a target of 819.9 or 803.84
Below is full option chain of COPPER (Tamba Laal Dhatu) for strikes which are OTM CALLS (CE), and ITM PUTS (PE).
These are CALLS which have only time value in them, no intrinsic value. PUTS however have both time value and intrinsic value in the premium.
Below is full option chain of COPPER (Tamba Laal Dhatu) for strikes which are ITM CALLS (CE), and OTM PUTS (PE).
These are PUTS which have only time value in them, no intrinsic value. CALLS however have both time value and intrinsic value in the premium.
