Munafa ASHOKLEY (target) price & Options chain analysis (Ashok Leyland Limited) Option chain analysis (ASHOKLEY) 30 Mon March 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: 220 230 210 235
Until yesterday Maximum Call writing has been for strikes: 220 210 230 215
Open Interest of Call writers for the options of Ashok Leyland Limited ASHOKLEY is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Ashok Leyland Limited 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: 200 190 195 205
Until yesterday Maximum Put writing has been for strikes: 200 190 195 210
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, 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 Ashok Leyland Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ashok Leyland Limited stays below 203.6, but if it comes above 203.6, then a intra day buy could be more profitable.
If you take a sell trade below 203.6, then use 203.6 as stoploss and 199.3 as target. However if you take a buy trade in Ashok Leyland Limited, then use 203.6 as stoploss and 207.16 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.