Munafa CIPLA (target) price & Options chain analysis (Cipla Limited) Option chain analysis (CIPLA) 31 Thu July Expiry Which Call CE or PUT PE options to buy or sell in Cipla Limited CIPLA
CIPLA Option Chain Data Analysis for Cipla Limited CIPLA option chain
Maximum Call writing has been for strikes: 1600 1680 1620 1500
Until yesterday Maximum Call writing has been for strikes: 1600 1680 1620 1720
Open Interest of Call writers for the options of Cipla Limited CIPLA 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: 1340 1320 1500 1400
Until yesterday Maximum Put writing has been for strikes: 1340 1320 1500 1400
Open Interest of PUT writers for the options of Cipla Limited CIPLA 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 Cipla Limited CIPLA at this time.
It appears as if Cipla Limited CIPLA gave a large move recently.
Stock of Cipla Limited (CIPLA) 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 Cipla Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cipla Limited stays below 1494.3, but if it comes above 1494.3, then a intra day buy could be more profitable.
If you take a sell trade below 1494.3, then use 1494.3 as stoploss and 1482.7 as target. However if you take a buy trade in Cipla Limited, then use 1494.3 as stoploss and 1503.99 as target.
Cipla Limited CIPLA Option Chain, OTM CE, ITM PE
Below is full option chain of Cipla 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 Cipla 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.
