Munafa BIOCON (target) price & Options chain analysis (Biocon Limited) Option chain analysis (BIOCON) 26 Thu December 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: 400 380 370 360
Until yesterday Maximum Call writing has been for strikes: 400 380 370 390
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: 380 340 320 350
Until yesterday Maximum Put writing has been for strikes: 380 350 340 320
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 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...
Although my analysis for Biocon Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 334.9, for a target of 349.4 or 361.39
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.