Munafa BIOCON (target) price & Options chain analysis (Biocon Limited) Option chain analysis (BIOCON) 28 Tue April 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: 370 380 360 375
Until yesterday Maximum Call writing has been for strikes: 370 380 360 400
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: 340 350 360 345
Until yesterday Maximum Put writing has been for strikes: 340 350 360 345
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, 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 Biocon Limited is bearish for shortterm, and stock might move down till 347.5 or till 334.4. Use a stoploss of 358.36 and if the stock hits stoploss, then it can shoot up till 369.24
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.