Munafa ONGC (target) price & Options chain analysis (Oil & Natural Gas Corporation Limited) Option chain analysis (ONGC) 27 Tue January 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: 240 245 250 247.50
Until yesterday Maximum Call writing has been for strikes: 240 245 250 247.50
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: 240 235 245 220
Until yesterday Maximum Put writing has been for strikes: 240 245 235 220
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 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 & 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 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 & Natural Gas Corporation Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 243.5 as stoploss in an intra day sell trade for a target of 238.92. However, stock will show a bullish move above 243.5.
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.