Munafa ETERNAL (target) price & Options chain analysis (Eternal Limited) Option chain analysis (ETERNAL) 30 Tue June 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: 260 250 270 280
Until yesterday Maximum Call writing has been for strikes: 260 250 270 280
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: 250 240 260 245
Until yesterday Maximum Put writing has been for strikes: 250 240 230 260
Open Interest of PUT writers for the options of Eternal Limited ETERNAL is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Eternal 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 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.
My analysis of Eternal Limited is bearish for shortterm, and stock might move down till 241.6 or till 234.6. Use a stoploss of 247.36 and if the stock hits stoploss, then it can shoot up till 253.15
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.