Munafa NATIONALUM (target) price & Options chain analysis (National Aluminium Company Limited) Option chain analysis (NATIONALUM) 30 Tue June Expiry
Munafa NATIONALUM (target) price & Options chain analysis (National Aluminium Company Limited) Option chain analysis (NATIONALUM) 30 Tue June Expiry Which Call CE or PUT PE options to buy or sell in National Aluminium Company Limited NATIONALUM
Lot size for NATIONAL ALUMINIUM CO LTD NATIONALUM is 3750
NATIONALUM Option Chain Data Analysis for National Aluminium Company Limited NATIONALUM option chain
Maximum Call writing has been for strikes: 400 380 350 450
Until yesterday Maximum Call writing has been for strikes: 400 350 380 390
Open Interest of Call writers for the options of National Aluminium Company Limited NATIONALUM is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of National Aluminium Company Limited might be more profitable. However, avoid buying CE of strikes higher than ones listed above, as these will serve as resistance
Maximum Put writing has been for strikes: 340 440 400 435
Until yesterday Maximum Put writing has been for strikes: 360 340 400 380
Open Interest of PUT writers for the options of National Aluminium Company Limited NATIONALUM is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of National Aluminium Company Limited might not be profitable.
NATIONALUM Option Chain Price Analysis for National Aluminium Company Limited NATIONALUM option chain
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 National Aluminium Company Limited NATIONALUM at this time.
It appears as if National Aluminium Company Limited NATIONALUM gave a large move recently.
Stock of National Aluminium Company Limited (NATIONALUM) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of National Aluminium Company Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if National Aluminium Company Limited stays below 349.6, but if it comes above 349.6, then a intra day buy could be more profitable.
If you take a sell trade below 349.6, then use 349.6 as stoploss and 317.2 as target. However if you take a buy trade in National Aluminium Company Limited, then use 349.6 as stoploss and 376.53 as target.
National Aluminium Company Limited NATIONALUM Option Chain, OTM CE, ITM PE
Below is full option chain of National Aluminium Company 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.
National Aluminium Company Limited NATIONALUM Option Chain, ITM CE, OTM PE
Below is full option chain of National Aluminium Company 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.