Munafa ITC (target) price & Options chain analysis (ITC Limited) Option chain analysis (ITC) 24 Tue February 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: 330 353.50 400 318.50
Until yesterday Maximum Call writing has been for strikes: 330 353.50 323.50 400
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: 315 400 318.50 303.50
Until yesterday Maximum Put writing has been for strikes: 320 315 318.50 400
Open Interest of PUT writers for the options of ITC Limited ITC 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 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, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
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 326 as stoploss in an intra day sell trade for a target of 320.14. However, stock will show a bullish move above 326.
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.