Munafa AMBUJACEM (target) price & Options chain analysis (Ambuja Cements Limited) Option chain analysis (AMBUJACEM) 28 Tue July Expiry Which Call CE or PUT PE options to buy or sell in Ambuja Cements Limited AMBUJACEM
AMBUJACEM Option Chain Data Analysis for Ambuja Cements Limited AMBUJACEM option chain
Maximum Call writing has been for strikes: 440 450 435 460
Until yesterday Maximum Call writing has been for strikes: 440 450 435 460
Open Interest of Call writers for the options of Ambuja Cements Limited AMBUJACEM 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: 510 420 410 400
Until yesterday Maximum Put writing has been for strikes: 510 410 430 420
Open Interest of PUT writers for the options of Ambuja Cements Limited AMBUJACEM 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 Ambuja Cements Limited AMBUJACEM at this time.
It appears as if Ambuja Cements Limited AMBUJACEM gave a large move recently.
Stock of Ambuja Cements Limited (AMBUJACEM) 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 Ambuja Cements Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 424.3 as stoploss in an intra day buy trade for a target of 431.39. However, stock will show a bearish move below 424.3.
Ambuja Cements Limited AMBUJACEM Option Chain, OTM CE, ITM PE
Below is full option chain of Ambuja Cements Limited 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.
Ambuja Cements Limited AMBUJACEM Option Chain, ITM CE, OTM PE
Below is full option chain of Ambuja Cements Limited 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.