Munafa TATASTEEL (target) price & Options chain analysis (Tata Steel Limited) Option chain analysis (TATASTEEL) 28 Tue April Expiry Which Call CE or PUT PE options to buy or sell in Tata Steel Limited TATASTEEL
TATASTEEL Option Chain Data Analysis for Tata Steel Limited TATASTEEL option chain
Maximum Call writing has been for strikes: 195 200 210 205
Until yesterday Maximum Call writing has been for strikes: 195 200 210 205
Open Interest of Call writers for the options of Tata Steel Limited TATASTEEL 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: 200 190 195 205
Until yesterday Maximum Put writing has been for strikes: 200 195 190 205
Open Interest of PUT writers for the options of Tata Steel Limited TATASTEEL 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 Tata Steel Limited TATASTEEL at this time.
It appears as if Tata Steel Limited TATASTEEL gave a large move recently.
Stock of Tata Steel Limited (TATASTEEL) 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!
Although my analysis for Tata Steel Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 209.1, for a target of 201.6 or 195.35
Tata Steel Limited TATASTEEL Option Chain, OTM CE, ITM PE
Below is full option chain of Tata Steel 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.
Tata Steel Limited TATASTEEL Option Chain, ITM CE, OTM PE
Below is full option chain of Tata Steel 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.