Munafa ITC (target) price & Options chain analysis (ITC Limited) Option chain analysis (ITC) 27 Tue January 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: 400 380 410 390
Until yesterday Maximum Call writing has been for strikes: 410 405 400 420
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: 350 360 340 370
Until yesterday Maximum Put writing has been for strikes: 400 410 330 405
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 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 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 ITC 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 381.6, for a target of 392 or 400.68
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.