Munafa RECLTD (target) price & Options chain analysis (Rural Electrification Corporation Limited) Option chain analysis (RECLTD) 23 Mon November 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: 310 330 320 300
Until yesterday Maximum Call writing has been for strikes: 310 320 330 300
Open Interest of Call writers for the options of Rural Electrification Corporation Limited RECLTD 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: 300 290 380 310
Until yesterday Maximum Put writing has been for strikes: 300 290 380 310
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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
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 305.7 as stoploss in an intra day sell trade for a target of 297.85. However, stock will show a bullish move above 305.7.
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.