Munafa PGEL (target) price & Options chain analysis (PG Electroplast Limited) Option chain analysis (PGEL) 28 Tue July Expiry Which Call CE or PUT PE options to buy or sell in PG Electroplast Limited PGEL
PGEL Option Chain Data Analysis for PG Electroplast Limited PGEL option chain
Maximum Call writing has been for strikes: 580 600 610 620
Until yesterday Maximum Call writing has been for strikes: 600 610 580 620
Open Interest of Call writers for the options of PG Electroplast Limited PGEL 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: 580 550 570 560
Until yesterday Maximum Put writing has been for strikes: 580 550 570 600
Open Interest of PUT writers for the options of PG Electroplast Limited PGEL 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 PG Electroplast Limited PGEL at this time.
It appears as if PG Electroplast Limited PGEL gave a large move recently.
Stock of PG Electroplast Limited (PGEL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of PG Electroplast Limited is bearish for shortterm, and stock might move down till 555.4 or till 524.9. Use a stoploss of 580.69 and if the stock hits stoploss, then it can shoot up till 606.03
PG Electroplast Limited PGEL Option Chain, OTM CE, ITM PE
Below is full option chain of PG Electroplast 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.
PG Electroplast Limited PGEL Option Chain, ITM CE, OTM PE
Below is full option chain of PG Electroplast 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.