Munafa ASTRAL (target) price & Options chain analysis (Astral Poly Technik Limited) Option chain analysis (ASTRAL) 30 Tue December Expiry Which Call CE or PUT PE options to buy or sell in Astral Poly Technik Limited ASTRAL
ASTRAL Option Chain Data Analysis for Astral Poly Technik Limited ASTRAL option chain
Maximum Call writing has been for strikes: 1600 1500 1460 1520
Until yesterday Maximum Call writing has been for strikes: 1500 1600 1460 1480
Open Interest of Call writers for the options of Astral Poly Technik Limited ASTRAL is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Astral Poly Technik 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: 1400 1300 1460 1500
Until yesterday Maximum Put writing has been for strikes: 1400 1300 1460 1500
Open Interest of PUT writers for the options of Astral Poly Technik Limited ASTRAL 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 Astral Poly Technik Limited ASTRAL at this time.
It appears as if Astral Poly Technik Limited ASTRAL gave a large move recently.
Stock of Astral Poly Technik Limited (ASTRAL) 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 Astral Poly Technik Limited is bearish for shortterm, and stock might move down till 1428 or till 1369.2. Use a stoploss of 1476.96 and if the stock hits stoploss, then it can shoot up till 1525.93
Below is full option chain of Astral Poly Technik 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.
Below is full option chain of Astral Poly Technik 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.