Munafa ASHOKLEY (target) price & Options chain analysis (Ashok Leyland Limited) Option chain analysis (ASHOKLEY) 30 Tue December Expiry Which Call CE or PUT PE options to buy or sell in Ashok Leyland Limited ASHOKLEY
ASHOKLEY Option Chain Data Analysis for Ashok Leyland Limited ASHOKLEY option chain
Maximum Call writing has been for strikes: 180 175 170 190
Until yesterday Maximum Call writing has been for strikes: 180 170 178 190
Open Interest of Call writers for the options of Ashok Leyland Limited ASHOKLEY 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: 170 160 145 165
Until yesterday Maximum Put writing has been for strikes: 170 160 165 145
Open Interest of PUT writers for the options of Ashok Leyland Limited ASHOKLEY 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 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 Ashok Leyland Limited ASHOKLEY at this time.
It appears as if Ashok Leyland Limited ASHOKLEY gave a large move recently.
Stock of Ashok Leyland Limited (ASHOKLEY) 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 Ashok Leyland Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Ashok Leyland Limited stays above 172.4, but if it comes below 172.4, then a intra day sell could be more profitable. If you take a sell trade below 172.4, then use 172.4 as stoploss and 165.71 as target. However if you take a buy trade in Ashok Leyland Limited, then use 172.4 as stoploss and 180.5 as target.
Ashok Leyland Limited ASHOKLEY Option Chain, OTM CE, ITM PE
Below is full option chain of Ashok Leyland 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.
Ashok Leyland Limited ASHOKLEY Option Chain, ITM CE, OTM PE
Below is full option chain of Ashok Leyland 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.