Munafa ETERNAL (target) price & Options chain analysis (Eternal Limited) Option chain analysis (ETERNAL) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Eternal Limited ETERNAL
ETERNAL Option Chain Data Analysis for Eternal Limited ETERNAL option chain
Maximum Call writing has been for strikes: 300 290 310 295
Until yesterday Maximum Call writing has been for strikes: 300 310 290 280
Open Interest of Call writers for the options of Eternal Limited ETERNAL is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Eternal 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: 280 290 285 270
Until yesterday Maximum Put writing has been for strikes: 280 290 285 300
Open Interest of PUT writers for the options of Eternal Limited ETERNAL 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 Eternal Limited ETERNAL at this time.
It appears as if Eternal Limited ETERNAL gave a large move recently.
Stock of Eternal Limited (ETERNAL) 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 Eternal Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 289.5 as stoploss in an intra day sell trade for a target of 284.54. However, stock will show a bullish move above 289.5.
Eternal Limited ETERNAL Option Chain, OTM CE, ITM PE
Below is full option chain of Eternal 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.
Eternal Limited ETERNAL Option Chain, ITM CE, OTM PE
Below is full option chain of Eternal 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.