Munafa LT (target) price & Options chain analysis (Larsen & Toubro Limited) Option chain analysis (LT) 25 Tue August 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: 4000 4200 4100 3900
Until yesterday Maximum Call writing has been for strikes: 4000 4200 4100 3900
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: 3800 4000 3900 3600
Until yesterday Maximum Put writing has been for strikes: 3800 4000 3600 3900
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 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 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 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.
Although my analysis for Larsen & Toubro 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 4030.1, for a target of 3943.3 or 3870.94
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.