Munafa OFSS (target) price & Options chain analysis (Oracle Financial Services Software Limited) Option chain analysis (OFSS) 28 Tue April Expiry Which Call CE or PUT PE options to buy or sell in Oracle Financial Services Software Limited OFSS
OFSS Option Chain Data Analysis for Oracle Financial Services Software Limited OFSS option chain
Maximum Call writing has been for strikes: 8000 8200 8400 7000
Until yesterday Maximum Call writing has been for strikes: 8200 8000 7800 7000
Open Interest of Call writers for the options of Oracle Financial Services Software Limited OFSS is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Oracle Financial Services Software 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: 7000 7500 7200 6000
Until yesterday Maximum Put writing has been for strikes: 7000 7500 7100 7200
Open Interest of PUT writers for the options of Oracle Financial Services Software Limited OFSS 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 Oracle Financial Services Software Limited OFSS at this time.
It appears as if Oracle Financial Services Software Limited OFSS gave a large move recently.
Stock of Oracle Financial Services Software Limited (OFSS) 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!
Although my analysis for Oracle Financial Services Software 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 7954.4, for a target of 7417 or 6969.18
Below is full option chain of Oracle Financial Services Software 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 Oracle Financial Services Software 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.