Munafa ULTRACEMCO (target) price & Options chain analysis (UltraTech Cement Limited) Option chain analysis (ULTRACEMCO) 24 Tue February Expiry Which Call CE or PUT PE options to buy or sell in UltraTech Cement Limited ULTRACEMCO
Lot size for ULTRATECH CEMENT LIMITED ULTRACEMCO is 50
ULTRACEMCO Option Chain Data Analysis for UltraTech Cement Limited ULTRACEMCO option chain
Maximum Call writing has been for strikes: 13000 14200 12400 13400
Until yesterday Maximum Call writing has been for strikes: 13000 14200 12400 13500
Open Interest of Call writers for the options of UltraTech Cement Limited ULTRACEMCO 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: 11200 12000 11800 12200
Until yesterday Maximum Put writing has been for strikes: 11200 12000 12500 11800
Open Interest of PUT writers for the options of UltraTech Cement Limited ULTRACEMCO 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 UltraTech Cement Limited ULTRACEMCO at this time.
It appears as if UltraTech Cement Limited ULTRACEMCO gave a large move recently.
Stock of UltraTech Cement Limited (ULTRACEMCO) 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 UltraTech Cement Limited is bearish for shortterm, and stock might move down till 12597.3 or till 12355.2. Use a stoploss of 12799 and if the stock hits stoploss, then it can shoot up till 13000.71
UltraTech Cement Limited ULTRACEMCO Option Chain, OTM CE, ITM PE
Below is full option chain of UltraTech Cement 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.
UltraTech Cement Limited ULTRACEMCO Option Chain, ITM CE, OTM PE
Below is full option chain of UltraTech Cement 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.