MGL 1240 PE PUT indicators chart analysis Mahanagar Gas options price chart strike 1240 PUT

Options premium and indicators chart analysis for MGL 1240 PE PUT indicators chart analysis Mahanagar Gas options price chart strike 1240 PUT

Mahanagar Gas MGL trades in NSE under NSE

Premium of MGL 1240 PUT PE May 30 2024

Premium of PUT (PE) of strike 1240 is at: 7.10 on 17 May 2024
PUT opened at 8.00 and traded inside a Low-High range of 6.00-10.35 as on 17 Fri May 2024

The underlying equity is trading at 1318.95 which means that PUT of strike 1240 is OTM PUT option (out of the money)

Lot size of MGL Mahanagar Gas is 800

Total Open Interest for PUT (PE) of strike 1240 is 46,800

Munafa analysis MGL 1240 PE might not be profitable for buyers to buy this PUT, but this could be a good opportunity for sellers to make a quick profit.

Price action analysis of 1240 PUT based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Indicators are giving a buy signal for buyers, but a exit signal is generated by indicators for sellers of 1240 PUT of Mahanagar Gas

Click here to view most profitable CE and PE for Mahanagar Gas, both for buyers and sellers | MGL Most Active Call Put Options

Date	Underlying price	PE price	PE open	PE high	PE low	PE volume	PE OI	OI Change
17 Fri May	1318.95	7.10	8.00	10.35	6.00	130	37,440,000	2.6%
16 Thu May	1310.50	8.30	11.00	11.80	7.95	71	36,480,000	-24%
15 Wed May	1285.10	15.90	10.45	17.60	10.45	130	48,000,000	-1.3%
14 Tue May	1317.85	10.60	13.35	13.90	8.95	110	48,640,000	-4.4%
13 Mon May	1285.80	17.60	14.00	23.85	11.75	345	50,880,000	-1.2%
10 Fri May	1300.35	16.45	26.00	41.00	15.25	2,154	51,520,000	13.4%