Munafa BEL (target) price & Options chain analysis (Bharat Electronics Limited) Option chain analysis (BEL) 31 Thu July Expiry Which Call CE or PUT PE options to buy or sell in Bharat Electronics Limited BEL
BEL Option Chain Data Analysis for Bharat Electronics Limited BEL option chain
Maximum Call writing has been for strikes: 430 440 420 450
Until yesterday Maximum Call writing has been for strikes: 430 440 420 450
Open Interest of Call writers for the options of Bharat Electronics Limited BEL 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: 400 410 420 430
Until yesterday Maximum Put writing has been for strikes: 400 420 410 430
Open Interest of PUT writers for the options of Bharat Electronics Limited BEL 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 Bharat Electronics Limited BEL at this time.
It appears as if Bharat Electronics Limited BEL gave a large move recently.
Stock of Bharat Electronics Limited (BEL) 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 Bharat Electronics Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 406.3 as stoploss in an intra day buy trade for a target of 415.38. However, stock will show a bearish move below 406.3.
Bharat Electronics Limited BEL Option Chain, OTM CE, ITM PE
Below is full option chain of Bharat Electronics 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.
Bharat Electronics Limited BEL Option Chain, ITM CE, OTM PE
Below is full option chain of Bharat Electronics 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.