Munafa ONGC (target) price & Options chain analysis (Oil & Natural Gas Corporation Limited) Option chain analysis (ONGC) 30 Tue December Expiry Which Call CE or PUT PE options to buy or sell in Oil & Natural Gas Corporation Limited ONGC
Lot size for OIL AND NATURAL GAS CORP. ONGC is 2250
ONGC Option Chain Data Analysis for Oil & Natural Gas Corporation Limited ONGC option chain
Maximum Call writing has been for strikes: 250 244 245 260
Until yesterday Maximum Call writing has been for strikes: 250 245 260 255
Open Interest of Call writers for the options of Oil & Natural Gas Corporation Limited ONGC 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: 250 240 234 265
Until yesterday Maximum Put writing has been for strikes: 250 240 265 234
Open Interest of PUT writers for the options of Oil & Natural Gas Corporation Limited ONGC 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.
ONGC Option Chain Price Analysis for Oil & Natural Gas Corporation Limited ONGC 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 Oil & Natural Gas Corporation Limited ONGC at this time.
It appears as if Oil & Natural Gas Corporation Limited ONGC gave a large move recently.
Stock of Oil & Natural Gas Corporation Limited (ONGC) 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 Oil & Natural Gas Corporation Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Oil & Natural Gas Corporation Limited stays below 243.1, but if it comes above 243.1, then a intra day buy could be more profitable.
If you take a sell trade below 243.1, then use 243.1 as stoploss and 238.9 as target. However if you take a buy trade in Oil & Natural Gas Corporation Limited, then use 243.1 as stoploss and 246.5 as target.
Oil & Natural Gas Corporation Limited ONGC Option Chain, OTM CE, ITM PE
Below is full option chain of Oil & Natural Gas Corporation 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 & Natural Gas Corporation Limited ONGC Option Chain, ITM CE, OTM PE
Below is full option chain of Oil & Natural Gas Corporation 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.