Munafa EICHERMOT (target) price & Options chain analysis (Eicher Motors Limited) Option chain analysis (EICHERMOT) 24 Tue February Expiry Which Call CE or PUT PE options to buy or sell in Eicher Motors Limited EICHERMOT
EICHERMOT Option Chain Data Analysis for Eicher Motors Limited EICHERMOT option chain
Maximum Call writing has been for strikes: 8500 8100 8200 7500
Until yesterday Maximum Call writing has been for strikes: 8500 8100 8200 8300
Open Interest of Call writers for the options of Eicher Motors Limited EICHERMOT 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: 7700 7600 7500 7800
Until yesterday Maximum Put writing has been for strikes: 7700 7500 7300 7600
Open Interest of PUT writers for the options of Eicher Motors Limited EICHERMOT is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Eicher Motors Limited might not be profitable.
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 Eicher Motors Limited EICHERMOT at this time.
It appears as if Eicher Motors Limited EICHERMOT gave a large move recently.
Stock of Eicher Motors Limited (EICHERMOT) 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 Eicher Motors Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Eicher Motors Limited stays above 7881.6, but if it comes below 7881.6, then a intra day sell could be more profitable. If you take a sell trade below 7881.6, then use 7881.6 as stoploss and 7466.4 as target. However if you take a buy trade in Eicher Motors Limited, then use 7881.6 as stoploss and 8379.8 as target.
Eicher Motors Limited EICHERMOT Option Chain, OTM CE, ITM PE
Below is full option chain of Eicher Motors 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.
Eicher Motors Limited EICHERMOT Option Chain, ITM CE, OTM PE
Below is full option chain of Eicher Motors 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.