Munafa ALKEM (target) price & Options chain analysis (Alkem Laboratories Ltd.) Option chain analysis (ALKEM) 24 Tue February 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 5500 5800 5900
Until yesterday Maximum Call writing has been for strikes: 5500 6000 5800 5700
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: 5200 5300 5500 5600
Until yesterday Maximum Put writing has been for strikes: 5600 5200 5500 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.
My analysis of Alkem Laboratories Ltd. is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Alkem Laboratories Ltd. stays below 5528.4, but if it comes above 5528.4, then a intra day buy could be more profitable.
If you take a sell trade below 5528.4, then use 5528.4 as stoploss and 5365 as target. However if you take a buy trade in Alkem Laboratories Ltd., then use 5528.4 as stoploss and 5664.55 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.