Munafa POLYCAB (target) price & Options chain analysis (Polycab India Limited) Option chain analysis (POLYCAB) 27 Tue January Expiry
Munafa POLYCAB (target) price & Options chain analysis (Polycab India Limited) Option chain analysis (POLYCAB) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Polycab India Limited POLYCAB
POLYCAB Option Chain Data Analysis for Polycab India Limited POLYCAB option chain
Maximum Call writing has been for strikes: 8000 7500 7200 7800
Until yesterday Maximum Call writing has been for strikes: 8000 7500 8100 7900
Open Interest of Call writers for the options of Polycab India Limited POLYCAB 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: 7100 7000 7300 7200
Until yesterday Maximum Put writing has been for strikes: 7500 7000 7300 7400
Open Interest of PUT writers for the options of Polycab India Limited POLYCAB 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.
POLYCAB Option Chain Price Analysis for Polycab India Limited POLYCAB 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 Polycab India Limited POLYCAB at this time.
It appears as if Polycab India Limited POLYCAB gave a large move recently.
Stock of Polycab India Limited (POLYCAB) 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.
Although my analysis for Polycab India Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 7130.4, for a target of 7374.9 or 7578.63
Polycab India Limited POLYCAB Option Chain, OTM CE, ITM PE
Below is full option chain of Polycab 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.
Polycab India Limited POLYCAB Option Chain, ITM CE, OTM PE
Below is full option chain of Polycab 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.