Munafa EICHERMOT (target) price & Options chain analysis (Eicher Motors Limited) Option chain analysis (EICHERMOT) 28 Tue April 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 7000 7500 6800
Until yesterday Maximum Call writing has been for strikes: 8000 7000 7500 6900
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: 6900 7000 8500 6000
Until yesterday Maximum Put writing has been for strikes: 6900 7000 8500 8200
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of Eicher Motors Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Eicher Motors Limited stays below 6687.7, but if it comes above 6687.7, then a intra day buy could be more profitable.
If you take a sell trade below 6687.7, then use 6687.7 as stoploss and 6273.3 as target. However if you take a buy trade in Eicher Motors Limited, then use 6687.7 as stoploss and 7032.95 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.