Munafa BIOCON (target) price & Options chain analysis (Biocon Limited) Option chain analysis (BIOCON) 23 Mon November Expiry Which Call CE or PUT PE options to buy or sell in Biocon Limited BIOCON
BIOCON Option Chain Data Analysis for Biocon Limited BIOCON option chain
Maximum Call writing has been for strikes: 380 340 400 370
Until yesterday Maximum Call writing has been for strikes: 380 340 400 370
Open Interest of Call writers for the options of Biocon Limited BIOCON 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: 340 310 350 360
Until yesterday Maximum Put writing has been for strikes: 340 310 350 360
Open Interest of PUT writers for the options of Biocon Limited BIOCON 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 Biocon Limited BIOCON at this time.
It appears as if Biocon Limited BIOCON gave a large move recently.
Stock of Biocon Limited (BIOCON) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
My analysis of Biocon Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Biocon Limited stays above 364, but if it comes below 364, then a intra day sell could be more profitable. If you take a sell trade below 364, then use 364 as stoploss and 349.79 as target. However if you take a buy trade in Biocon Limited, then use 364 as stoploss and 381 as target.
Biocon Limited BIOCON Option Chain, OTM CE, ITM PE
Below is full option chain of Biocon 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.
Biocon Limited BIOCON Option Chain, ITM CE, OTM PE
Below is full option chain of Biocon 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.