Munafa MGL (target) price & Options chain analysis (Mahanagar Gas) Option chain analysis (MGL) 30 Thu January Expiry Which Call CE or PUT PE options to buy or sell in Mahanagar Gas MGL
MGL Option Chain Data Analysis for Mahanagar Gas MGL option chain
Maximum Call writing has been for strikes: 1300 1280 1400 1260
Until yesterday Maximum Call writing has been for strikes: 1300 1400 1280 1260
Open Interest of Call writers for the options of Mahanagar Gas MGL 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: 1300 1260 1200 1240
Until yesterday Maximum Put writing has been for strikes: 1300 1260 1240 1200
Open Interest of PUT writers for the options of Mahanagar Gas MGL 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.
MGL Option Chain Price Analysis for Mahanagar Gas MGL option chain
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 Mahanagar Gas MGL at this time.
It appears as if Mahanagar Gas MGL gave a large move recently.
Stock of Mahanagar Gas (MGL) 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 Mahanagar Gas is bearish for shortterm, and stock might move down till 1252.3 or till 1221.3. Use a stoploss of 1278.12 and if the stock hits stoploss, then it can shoot up till 1303.97
Mahanagar Gas MGL Option Chain, OTM CE, ITM PE
Below is full option chain of Mahanagar Gas 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 Mahanagar Gas 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.