Munafa RECLTD (target) price & Options chain analysis (Rural Electrification Corporation Limited) Option chain analysis (RECLTD) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Rural Electrification Corporation Limited RECLTD
RECLTD Option Chain Data Analysis for Rural Electrification Corporation Limited RECLTD option chain
Maximum Call writing has been for strikes: 400 390 380 370
Until yesterday Maximum Call writing has been for strikes: 400 380 390 360
Open Interest of Call writers for the options of Rural Electrification Corporation Limited RECLTD is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Rural Electrification Corporation Limited might be more profitable. However, avoid buying CE of strikes higher than ones listed above, as these will serve as resistance
Maximum Put writing has been for strikes: 360 355 350 380
Until yesterday Maximum Put writing has been for strikes: 360 355 350 380
Open Interest of PUT writers for the options of Rural Electrification Corporation Limited RECLTD 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 Rural Electrification Corporation Limited RECLTD at this time.
It appears as if Rural Electrification Corporation Limited RECLTD gave a large move recently.
Stock of Rural Electrification Corporation Limited (RECLTD) 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 Rural Electrification 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 376.8 as stoploss in an intra day sell trade for a target of 363.07. However, stock will show a bullish move above 376.8.
Below is full option chain of Rural Electrification 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.
Below is full option chain of Rural Electrification 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.