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: 8000 8500 7800 7500
Until yesterday Maximum Call writing has been for strikes: 8000 7800 7700 7500
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: 7500 7700 7800 7100
Until yesterday Maximum Put writing has been for strikes: 7100 7700 7500 7000
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!
Although my analysis for Eicher Motors Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7926.4, for a target of 7560.1 or 7254.93
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.