Munafa WIPRO (target) price & Options chain analysis (Wipro Limited) Option chain analysis (WIPRO) 30 Tue June Expiry Which Call CE or PUT PE options to buy or sell in Wipro Limited WIPRO
WIPRO Option Chain Data Analysis for Wipro Limited WIPRO option chain
Maximum Call writing has been for strikes: 210 200 190 205
Until yesterday Maximum Call writing has been for strikes: 210 200 190 205
Open Interest of Call writers for the options of Wipro Limited WIPRO 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: 165 190 180 170
Until yesterday Maximum Put writing has been for strikes: 165 190 175 170
Open Interest of PUT writers for the options of Wipro Limited WIPRO is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Wipro Limited might not be profitable.
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 Wipro Limited WIPRO at this time.
It appears as if Wipro Limited WIPRO gave a large move recently.
Stock of Wipro Limited (WIPRO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of Wipro Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Wipro Limited stays below 185.5, but if it comes above 185.5, then a intra day buy could be more profitable.
If you take a sell trade below 185.5, then use 185.5 as stoploss and 173.1 as target. However if you take a buy trade in Wipro Limited, then use 185.5 as stoploss and 195.83 as target.
Wipro Limited WIPRO Option Chain, OTM CE, ITM PE
Below is full option chain of Wipro 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.
Below is full option chain of Wipro 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.