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: 310 300 290 280
Until yesterday Maximum Call writing has been for strikes: 300 310 290 295
Open Interest of Call writers for the options of Eternal Limited ETERNAL 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: 280 270 260 250
Until yesterday Maximum Put writing has been for strikes: 280 285 290 260
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
Although my analysis for Eternal Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 270.5, for a target of 277.6 or 283.55
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.