Munafa LT (target) price & Options chain analysis (Larsen & Toubro Limited) Option chain analysis (LT) 26 Thu September Expiry Which Call CE or PUT PE options to buy or sell in Larsen & Toubro Limited LT
LT Option Chain Data Analysis for Larsen & Toubro Limited LT option chain
Maximum Call writing has been for strikes: 3800 3700 3750 3600
Until yesterday Maximum Call writing has been for strikes: 3800 3700 3750 3600
Open Interest of Call writers for the options of Larsen & Toubro Limited LT 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: 3600 3500 3550 3700
Until yesterday Maximum Put writing has been for strikes: 3500 3600 3550 3700
Open Interest of PUT writers for the options of Larsen & Toubro Limited LT 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 Larsen & Toubro Limited LT at this time.
It appears as if Larsen & Toubro Limited LT gave a large move recently.
Stock of Larsen & Toubro Limited (LT) 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 Larsen & Toubro Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Larsen & Toubro Limited stays below 3583.2, but if it comes above 3583.2, then a intra day buy could be more profitable.
If you take a sell trade below 3583.2, then use 3583.2 as stoploss and 3522.1 as target. However if you take a buy trade in Larsen & Toubro Limited, then use 3583.2 as stoploss and 3634.16 as target.
Below is full option chain of Larsen & Toubro 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 Larsen & Toubro 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.