Munafa SUPREMEIND (target) price & Options chain analysis (Supreme Industries Limited) Option chain analysis (SUPREMEIND) 30 Tue December 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: 3500 3600 3400 4000
Until yesterday Maximum Call writing has been for strikes: 3600 3500 4000 3400
Open Interest of Call writers for the options of Supreme Industries Limited SUPREMEIND 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: 3200 3500 3400 3100
Until yesterday Maximum Put writing has been for strikes: 3200 3500 3400 3100
Open Interest of PUT writers for the options of Supreme Industries Limited SUPREMEIND 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 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, and stock might move down till 3284.4 or till 3212.8. Use a stoploss of 3344.05 and if the stock hits stoploss, then it can shoot up till 3403.73
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.