Munafa CANBK (target) price & Options chain analysis (Canara Bank) Option chain analysis (CANBK) 28 Tue April Expiry Which Call CE or PUT PE options to buy or sell in Canara Bank CANBK
CANBK Option Chain Data Analysis for Canara Bank CANBK option chain
Maximum Call writing has been for strikes: 140 150 130 135
Until yesterday Maximum Call writing has been for strikes: 140 150 135 130
Open Interest of Call writers for the options of Canara Bank CANBK 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: 150 140 130 125
Until yesterday Maximum Put writing has been for strikes: 150 140 130 135
Open Interest of PUT writers for the options of Canara Bank CANBK 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.
CANBK Option Chain Price Analysis for Canara Bank CANBK option chain
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 Canara Bank CANBK at this time.
It appears as if Canara Bank CANBK gave a large move recently.
Stock of Canara Bank (CANBK) 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...
My analysis of Canara Bank is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Canara Bank stays below 129.6, but if it comes above 129.6, then a intra day buy could be more profitable.
If you take a sell trade below 129.6, then use 129.6 as stoploss and 121.7 as target. However if you take a buy trade in Canara Bank, then use 129.6 as stoploss and 136.17 as target.
Canara Bank CANBK Option Chain, OTM CE, ITM PE
Below is full option chain of Canara Bank 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 Canara Bank 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.