Munafa OIL (target) price & Options chain analysis (Oil India Limited) Option chain analysis (OIL) 25 Tue August Expiry
Munafa OIL (target) price & Options chain analysis (Oil India Limited) Option chain analysis (OIL) 25 Tue August Expiry Which Call CE or PUT PE options to buy or sell in Oil India Limited OIL
OIL Option Chain Data Analysis for Oil India Limited OIL option chain
Maximum Call writing has been for strikes: 500 490 485 480
Until yesterday Maximum Call writing has been for strikes: 490 500 485 480
Open Interest of Call writers for the options of Oil India Limited OIL 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: 440 450 480 470
Until yesterday Maximum Put writing has been for strikes: 440 450 480 470
Open Interest of PUT writers for the options of Oil India Limited OIL 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.
OIL Option Chain Price Analysis for Oil India Limited OIL 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 Oil India Limited OIL at this time.
It appears as if Oil India Limited OIL gave a large move recently.
Stock of Oil India Limited (OIL) 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 Oil India Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Oil India Limited stays above 474.7, but if it comes below 474.7, then a intra day sell could be more profitable. If you take a sell trade below 474.7, then use 474.7 as stoploss and 460.62 as target. However if you take a buy trade in Oil India Limited, then use 474.7 as stoploss and 491.6 as target.
Oil India Limited OIL Option Chain, OTM CE, ITM PE
Below is full option chain of Oil India 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.
Oil India Limited OIL Option Chain, ITM CE, OTM PE
Below is full option chain of Oil India 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.