Munafa BPCL (target) price & Options chain analysis (Bharat Petroleum Corporation Limited) Option chain analysis (BPCL) 24 Tue February Expiry Which Call CE or PUT PE options to buy or sell in Bharat Petroleum Corporation Limited BPCL
Lot size for BHARAT PETROLEUM CORP LT BPCL is 1975
BPCL Option Chain Data Analysis for Bharat Petroleum Corporation Limited BPCL option chain
Maximum Call writing has been for strikes: 390 400 380 395
Until yesterday Maximum Call writing has been for strikes: 390 400 385 420
Open Interest of Call writers for the options of Bharat Petroleum Corporation Limited BPCL 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: 340 350 360 290
Until yesterday Maximum Put writing has been for strikes: 340 355 350 370
Open Interest of PUT writers for the options of Bharat Petroleum Corporation Limited BPCL 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 Bharat Petroleum Corporation Limited BPCL at this time.
It appears as if Bharat Petroleum Corporation Limited BPCL gave a large move recently.
Stock of Bharat Petroleum Corporation Limited (BPCL) 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 Petroleum Corporation Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 362.3 as stoploss in an intra day buy trade for a target of 373.14. However, stock will show a bearish move below 362.3.
Below is full option chain of Bharat Petroleum Corporation 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 Bharat Petroleum Corporation 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.