Munafa ALKEM (target) price & Options chain analysis (Alkem Laboratories Ltd.) Option chain analysis (ALKEM) 27 Thu March Expiry Which Call CE or PUT PE options to buy or sell in Alkem Laboratories Ltd. ALKEM
ALKEM Option Chain Data Analysis for Alkem Laboratories Ltd. ALKEM option chain
Maximum Call writing has been for strikes: 4600 5000 4800 5100
Until yesterday Maximum Call writing has been for strikes: 5000 4600 4800 4900
Open Interest of Call writers for the options of Alkem Laboratories Ltd. ALKEM is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Alkem Laboratories Ltd. 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: 4800 4600 4700 4500
Until yesterday Maximum Put writing has been for strikes: 4800 4600 4700 4500
Open Interest of PUT writers for the options of Alkem Laboratories Ltd. ALKEM 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 Alkem Laboratories Ltd. ALKEM at this time.
It appears as if Alkem Laboratories Ltd. ALKEM gave a large move recently.
Stock of Alkem Laboratories Ltd. (ALKEM) 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 Alkem Laboratories Ltd. 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 4961.9, for a target of 4829.4 or 4719.04
Alkem Laboratories Ltd. ALKEM Option Chain, OTM CE, ITM PE
Below is full option chain of Alkem Laboratories Ltd. 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.
Alkem Laboratories Ltd. ALKEM Option Chain, ITM CE, OTM PE
Below is full option chain of Alkem Laboratories Ltd. 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.