Munafa ITC (target) price & Options chain analysis (ITC Limited) Option chain analysis (ITC) 26 Tue May Expiry Which Call CE or PUT PE options to buy or sell in ITC Limited ITC
ITC Option Chain Data Analysis for ITC Limited ITC option chain
Maximum Call writing has been for strikes: 310 320 315 325
Until yesterday Maximum Call writing has been for strikes: 310 320 315 325
Open Interest of Call writers for the options of ITC Limited ITC 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: 290 300 310 315
Until yesterday Maximum Put writing has been for strikes: 290 300 305 310
Open Interest of PUT writers for the options of ITC Limited ITC is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of ITC Limited might not be profitable.
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 ITC Limited ITC at this time.
It appears as if ITC Limited ITC gave a large move recently.
Stock of ITC Limited (ITC) 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 ITC Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 311.4 as stoploss in an intra day sell trade for a target of 307.45. However, stock will show a bullish move above 311.4.
ITC Limited ITC Option Chain, OTM CE, ITM PE
Below is full option chain of ITC 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.
Below is full option chain of ITC 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.