Munafa WIPRO (target) price & Options chain analysis (Wipro Limited) Option chain analysis (WIPRO) 26 Tue May 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: 210 200 205 220
Until yesterday Maximum Call writing has been for strikes: 210 200 220 205
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: 195 190 200 180
Until yesterday Maximum Put writing has been for strikes: 190 195 200 180
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 above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Wipro Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 202 as stoploss in an intra day sell trade for a target of 197.08. However, stock will show a bullish move above 202.
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.