hindalco option price volatility smile chart sep 2014
hindalco option price put call ratio chart sep 2014
hindalco option price open interest chart sep 2014
hindalco option price option pain chart sep 2014
hindalco options sep 2014 analysis
Hindalco stock options major pain point is 170-rupee level. Below it put option buyers will make money while above it call option start to see some gains in premium. As highest open interest on call, side so expect strong supply from market for every upside and highest open interest is standing at 180-call option so it will remain as major breakout level from option point of view. Traders only buy call options with strict stop loss if stock gives closing above 170-rupee level until stay away or stay long in the money put options with stop loss. If stock remain range bound in between 160-170 then both call option buyers as well as put option buyers will start losing money due to decline in time value.