Munafa ASHOKLEY (target) price & Options chain analysis (Ashok Leyland Limited) Option chain analysis (ASHOKLEY) 31 Thu October 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: 240 250 260 245
Until yesterday Maximum Call writing has been for strikes: 240 250 260 245
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: 240 230 220 250
Until yesterday Maximum Put writing has been for strikes: 240 230 250 220
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of Ashok Leyland Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 238.1 as stoploss in an intra day buy trade for a target of 243.31. However, stock will show a bearish move below 238.1.
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.