Munafa RECLTD (target) price & Options chain analysis (Rural Electrification Corporation Limited) Option chain analysis (RECLTD) 30 Tue December 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: 360 400 370 380
Until yesterday Maximum Call writing has been for strikes: 360 400 370 380
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: 360 350 370 355
Until yesterday Maximum Put writing has been for strikes: 360 370 350 355
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of Rural Electrification Corporation Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Rural Electrification Corporation Limited stays below 354.5, but if it comes above 354.5, then a intra day buy could be more profitable.
If you take a sell trade below 354.5, then use 354.5 as stoploss and 350.1 as target. However if you take a buy trade in Rural Electrification Corporation Limited, then use 354.5 as stoploss and 358.12 as target.
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.