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: 150 145 143 160
Until yesterday Maximum Call writing has been for strikes: 150 145 160 140
Open Interest of Call writers for the options of Canara Bank CANBK is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Canara Bank might be more profitable. However, avoid buying CE of strikes higher than ones listed above, as these will serve as resistance
Maximum Put writing has been for strikes: 135 140 138 130
Until yesterday Maximum Put writing has been for strikes: 135 140 145 130
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, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
My analysis of Canara Bank is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 143 as stoploss in an intra day sell trade for a target of 136.65. However, stock will show a bullish move above 143.
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.