Munafa DRREDDY (target) price & Options chain analysis (Dr. Reddy's Laboratories Limited) Option chain analysis (DRREDDY) 30 Mon March 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: 1350 1360 1340 1300
Until yesterday Maximum Call writing has been for strikes: 1350 1360 1340 1300
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: 1300 1220 1140 1320
Until yesterday Maximum Put writing has been for strikes: 1300 1250 1220 1140
Open Interest of PUT writers for the options of Dr. Reddy's Laboratories Limited DRREDDY is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Dr. Reddy's Laboratories Limited might not be profitable.
DRREDDY Option Chain Price Analysis for Dr. Reddy's Laboratories Limited DRREDDY 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 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 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.
Although my analysis for Dr. Reddy's Laboratories Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1253.3, for a target of 1275.9 or 1294.77
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.