Munafa WIPRO (target) price & Options chain analysis (Wipro Limited) Option chain analysis (WIPRO) 26 Thu December 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: 300 310 600 305
Until yesterday Maximum Call writing has been for strikes: 300 310 600 305
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: 290 270 250 275
Until yesterday Maximum Put writing has been for strikes: 290 270 285 250
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 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
Although my analysis for Wipro Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 272.7, for a target of 405.6 or 516.36
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.