Munafa ASTRAL (target) price & Options chain analysis (Astral Poly Technik Limited) Option chain analysis (ASTRAL) 30 Thu January 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: 1700 1500 1600 1560
Until yesterday Maximum Call writing has been for strikes: 1700 1600 1500 1560
Open Interest of Call writers for the options of Astral Poly Technik Limited ASTRAL 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: 1400 1700 1440 1600
Until yesterday Maximum Put writing has been for strikes: 1400 1460 1700 1600
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, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1459.6 as stoploss in an intra day buy trade for a target of 1505.87. However, stock will show a bearish move below 1459.6.
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.