Munafa ALKEM (target) price & Options chain analysis (Alkem Laboratories Ltd.) Option chain analysis (ALKEM) 28 Tue April 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: 5900 5800 5600 5700
Until yesterday Maximum Call writing has been for strikes: 5600 5900 5700 5800
Open Interest of Call writers for the options of Alkem Laboratories Ltd. ALKEM is shifting downwards. This would mean that markets are slowly moving downwards, and buying CALLS and CE might not be profitable.
Maximum Put writing has been for strikes: 5400 5200 5600 5700
Until yesterday Maximum Put writing has been for strikes: 5200 5600 5500 5400
Open Interest of PUT writers for the options of Alkem Laboratories Ltd. ALKEM is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Alkem Laboratories Ltd. might not be profitable.
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!
My analysis of Alkem Laboratories Ltd. is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Alkem Laboratories Ltd. stays above 5556, but if it comes below 5556, then a intra day sell could be more profitable. If you take a sell trade below 5556, then use 5556 as stoploss and 5390.18 as target. However if you take a buy trade in Alkem Laboratories Ltd., then use 5556 as stoploss and 5755 as target.
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.