Munafa NATIONALUM (target) price & Options chain analysis (National Aluminium Company Limited) Option chain analysis (NATIONALUM) 27 Tue January Expiry
Munafa NATIONALUM (target) price & Options chain analysis (National Aluminium Company Limited) Option chain analysis (NATIONALUM) 27 Tue January 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: 370 390 395 360
Until yesterday Maximum Call writing has been for strikes: 390 395 370 380
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: 350 300 320 370
Until yesterday Maximum Put writing has been for strikes: 350 370 300 320
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 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 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 above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
My analysis of National Aluminium Company Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if National Aluminium Company Limited stays above 351.8, but if it comes below 351.8, then a intra day sell could be more profitable. If you take a sell trade below 351.8, then use 351.8 as stoploss and 323.57 as target. However if you take a buy trade in National Aluminium Company Limited, then use 351.8 as stoploss and 385.8 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.