nalysis of Jubilant Foodworks Limited Option Data
Bullish Sentiment: Given the low PCR Vol of 0.149, it suggests that traders are more interested in call options than put options, indicating a bullish sentiment in the market for Jubilant Foodworks Limited.
Active Trading: The significant open interest and the high number of contracts (4825) traded suggest active participation and interest in this stock's options.
Price Movement Expectation: With the spot price close to the strike price and a 28.03% change in the option's closing price, there could be expectations of price movement around the strike price of 500.00.
Position Build Up: The reading "Position Build Up" indicates that traders are actively building their positions, which could further support the bullish outlook if these are primarily call positions.
This data suggests that traders are expecting potential upward movement in the stock price of Jubilant Foodworks Limited and are positioning themselves accordingly through call options.
Demand zone: 22.20 - 18.80
Active Trading: The significant open interest and the high number of contracts (4825) traded suggest active participation and interest in this stock's options.
Price Movement Expectation: With the spot price close to the strike price and a 28.03% change in the option's closing price, there could be expectations of price movement around the strike price of 500.00.
Position Build Up: The reading "Position Build Up" indicates that traders are actively building their positions, which could further support the bullish outlook if these are primarily call positions.
This data suggests that traders are expecting potential upward movement in the stock price of Jubilant Foodworks Limited and are positioning themselves accordingly through call options.
Demand zone: 22.20 - 18.80