Munafa ETERNAL (target) price & Options chain analysis (Eternal Limited) Option chain analysis (ETERNAL) 25 Tue August 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: 325 330 320 300
Until yesterday Maximum Call writing has been for strikes: 330 325 320 315
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: 325 300 290 310
Until yesterday Maximum Put writing has been for strikes: 325 320 315 300
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, 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 Eternal 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 332.4, for a target of 323.9 or 316.81
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.