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: 450 440 400 420
Until yesterday Maximum Call writing has been for strikes: 450 440 400 420
Open Interest of Call writers for the options of National Aluminium Company Limited NATIONALUM 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: 400 380 390 440
Until yesterday Maximum Put writing has been for strikes: 400 390 380 440
Open Interest of PUT writers for the options of National Aluminium Company Limited NATIONALUM 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.
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, 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 National Aluminium Company 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 370.3, for a target of 391.3 or 408.8
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.