Munafa CANBK (target) price & Options chain analysis (Canara Bank) Option chain analysis (CANBK) 30 Tue June 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: 137 140 135 130
Until yesterday Maximum Call writing has been for strikes: 135 140 130 145
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: 135 130 140 150
Until yesterday Maximum Put writing has been for strikes: 130 135 140 150
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 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 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 above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
Although my analysis for Canara Bank is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 136.7, for a target of 133.2 or 130.32
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.