Munafa ALKEM (target) price & Options chain analysis (Alkem Laboratories Ltd.) Option chain analysis (ALKEM) 29 Thu August 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: 5300 5500 5200 6200
Until yesterday Maximum Call writing has been for strikes: 5200 5500 5300 5600
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 4800 5000 5300
Until yesterday Maximum Put writing has been for strikes: 5200 4800 5000 4600
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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5295.5 as stoploss in an intra day sell trade for a target of 5169.71. However, stock will show a bullish move above 5295.5.
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.