Munafa WIPRO (target) price & Options chain analysis (Wipro Limited) Option chain analysis (WIPRO) 30 Thu January 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: 316.50 314 324 319
Until yesterday Maximum Call writing has been for strikes: 320 314 330 310
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: 299 294 274 259
Until yesterday Maximum Put writing has been for strikes: 300 280 294 274
Open Interest of PUT writers for the options of Wipro Limited WIPRO 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 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 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 Wipro Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Wipro Limited stays above 308.8, but if it comes below 308.8, then a intra day sell could be more profitable. If you take a sell trade below 308.8, then use 308.8 as stoploss and 299.1 as target. However if you take a buy trade in Wipro Limited, then use 308.8 as stoploss and 320.5 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.