Munafa TORNTPOWER (target) price & Options chain analysis (Torrent Power Limited) Option chain analysis (TORNTPOWER) 27 Tue January Expiry
Munafa TORNTPOWER (target) price & Options chain analysis (Torrent Power Limited) Option chain analysis (TORNTPOWER) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Torrent Power Limited TORNTPOWER
TORNTPOWER Option Chain Data Analysis for Torrent Power Limited TORNTPOWER option chain
Maximum Call writing has been for strikes: 1400 1420 1520 1440
Until yesterday Maximum Call writing has been for strikes: 1400 1420 1520 1440
Open Interest of Call writers for the options of Torrent Power Limited TORNTPOWER 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: 1300 1260 1400 1440
Until yesterday Maximum Put writing has been for strikes: 1260 1300 1400 1280
Open Interest of PUT writers for the options of Torrent Power Limited TORNTPOWER is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Torrent Power Limited might not be profitable.
TORNTPOWER Option Chain Price Analysis for Torrent Power Limited TORNTPOWER option chain
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 Torrent Power Limited TORNTPOWER at this time.
It appears as if Torrent Power Limited TORNTPOWER gave a large move recently.
Stock of Torrent Power Limited (TORNTPOWER) 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 Torrent Power Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1375.9 as stoploss in an intra day sell trade for a target of 1328.14. However, stock will show a bullish move above 1375.9.
Torrent Power Limited TORNTPOWER Option Chain, OTM CE, ITM PE
Below is full option chain of Torrent Power 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.
Torrent Power Limited TORNTPOWER Option Chain, ITM CE, OTM PE
Below is full option chain of Torrent Power 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.