Munafa SUPREMEIND (target) price & Options chain analysis (Supreme Industries Limited) Option chain analysis (SUPREMEIND) 25 Tue August 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 3700 3600 3400
Until yesterday Maximum Call writing has been for strikes: 3500 3700 3600 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: 3500 3450 3000 3400
Until yesterday Maximum Put writing has been for strikes: 3450 3000 3400 3500
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 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 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 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 Supreme Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Supreme Industries Limited stays above 3495.7, but if it comes below 3495.7, then a intra day sell could be more profitable. If you take a sell trade below 3495.7, then use 3495.7 as stoploss and 3395.89 as target. However if you take a buy trade in Supreme Industries Limited, then use 3495.7 as stoploss and 3615.5 as target.
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.