Munafa DRREDDY (target) price & Options chain analysis (Dr. Reddy's Laboratories Limited) Option chain analysis (DRREDDY) 29 Thu May Expiry Which Call CE or PUT PE options to buy or sell in Dr. Reddy's Laboratories Limited DRREDDY
Lot size for DR. REDDY S LABORATORIES DRREDDY is 625
DRREDDY Option Chain Data Analysis for Dr. Reddy's Laboratories Limited DRREDDY option chain
Maximum Call writing has been for strikes: 1240 1250 1300 1200
Until yesterday Maximum Call writing has been for strikes: 1240 1250 1300 1200
Open Interest of Call writers for the options of Dr. Reddy's Laboratories Limited DRREDDY 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: 1150 1100 1000 1200
Until yesterday Maximum Put writing has been for strikes: 1150 1100 1000 1200
Open Interest of PUT writers for the options of Dr. Reddy's Laboratories Limited DRREDDY 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.
DRREDDY Option Chain Price Analysis for Dr. Reddy's Laboratories Limited DRREDDY 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 Dr. Reddy's Laboratories Limited DRREDDY at this time.
It appears as if Dr. Reddy's Laboratories Limited DRREDDY gave a large move recently.
Stock of Dr. Reddy's Laboratories Limited (DRREDDY) 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 Dr. Reddy's Laboratories Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Dr. Reddy's Laboratories Limited stays above 1212.4, but if it comes below 1212.4, then a intra day sell could be more profitable. If you take a sell trade below 1212.4, then use 1212.4 as stoploss and 1188.01 as target. However if you take a buy trade in Dr. Reddy's Laboratories Limited, then use 1212.4 as stoploss and 1241.7 as target.
Dr. Reddy's Laboratories Limited DRREDDY Option Chain, OTM CE, ITM PE
Below is full option chain of Dr. Reddy's Laboratories 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.
Dr. Reddy's Laboratories Limited DRREDDY Option Chain, ITM CE, OTM PE
Below is full option chain of Dr. Reddy's Laboratories 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.