Munafa SUPREMEIND (target) price & Options chain analysis (Supreme Industries Limited) Option chain analysis (SUPREMEIND) 28 Tue April Expiry Which Call CE or PUT PE options to buy or sell in Supreme Industries Limited SUPREMEIND
Lot size for SUPREME INDUSTRIES LTD SUPREMEIND is 175
SUPREMEIND Option Chain Data Analysis for Supreme Industries Limited SUPREMEIND option chain
Maximum Call writing has been for strikes: 4100 3900 4200 4150
Until yesterday Maximum Call writing has been for strikes: 3900 3800 4100 4200
Open Interest of Call writers for the options of Supreme Industries Limited SUPREMEIND is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Supreme Industries 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: 3500 3800 3600 3700
Until yesterday Maximum Put writing has been for strikes: 3500 3800 3600 3400
Open Interest of PUT writers for the options of Supreme Industries Limited SUPREMEIND is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Supreme Industries Limited might not be profitable.
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 Supreme Industries Limited SUPREMEIND at this time.
It appears as if Supreme Industries Limited SUPREMEIND gave a large move recently.
Stock of Supreme Industries Limited (SUPREMEIND) 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 Supreme Industries Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3686 as stoploss in an intra day buy trade for a target of 3775.23. However, stock will show a bearish move below 3686.
Supreme Industries Limited SUPREMEIND Option Chain, OTM CE, ITM PE
Below is full option chain of Supreme Industries 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.
Supreme Industries Limited SUPREMEIND Option Chain, ITM CE, OTM PE
Below is full option chain of Supreme Industries 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.