Munafa ASHOKLEY (target) price & Options chain analysis (Ashok Leyland Limited) Option chain analysis (ASHOKLEY) 30 Tue June 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: 160 165 170 175
Until yesterday Maximum Call writing has been for strikes: 160 170 165 155
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: 160 150 145 155
Until yesterday Maximum Put writing has been for strikes: 160 150 155 145
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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Ashok Leyland Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 158.3 as stoploss in an intra day sell trade for a target of 151.26. However, stock will show a bullish move above 158.3.
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.