Munafa EICHERMOT (target) price & Options chain analysis (Eicher Motors Limited) Option chain analysis (EICHERMOT) 27 Tue October 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: 7400 7200 7800 7000
Until yesterday Maximum Call writing has been for strikes: 7200 7000 7800 7100
Open Interest of Call writers for the options of Eicher Motors Limited EICHERMOT is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Eicher Motors Limited 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: 7000 7200 7100 7300
Until yesterday Maximum Put writing has been for strikes: 7000 7200 7300 7100
Open Interest of PUT writers for the options of Eicher Motors Limited EICHERMOT 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 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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Eicher Motors Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 7371.3 as stoploss in an intra day sell trade for a target of 7182.18. However, stock will show a bullish move above 7371.3.
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.