Munafa ALKEM (target) price & Options chain analysis (Alkem Laboratories Ltd.) Option chain analysis (ALKEM) 30 Tue June 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: 6000 5700 5800 5500
Until yesterday Maximum Call writing has been for strikes: 6000 5800 5700 5900
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: 5500 5300 5800 5400
Until yesterday Maximum Put writing has been for strikes: 5500 5800 5400 5300
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
Although my analysis for Alkem Laboratories Ltd. is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 5297.8, for a target of 5392.9 or 5472.13
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.