HDFC Life Insurance Company is in the business of life insurance. The Company offers a range of insurance solutions ranging from individual to group insurance policies. It has different insurance and investment products to take care of Protection, Pension, Savings and Health related needs.
Call Option gives Option Buyer right but not an obligation to buy the underlying shares at a predetermined date at a predetermined price. HDFC LIFE Call Option holder has the right to buy HDFC LIFE shares (Lot size or multiple of it) at the selected strike price on the expiry date.
A) Call Writers view: Underlying neutral to bearish
B) Call Writers view when unwinding: Underlying scaling higher
C) Put Writers view: Underlying neutral to bullish
D) Put Sellers view when unwinding: Underlying edging lower
A) More Put Writers adding OI indicating Put Writers view being mildly bullish on HDFC LIFE which might act as a very crucial level.
B) More CE writers adding OI indicating their view being mildly bearish on HDFC LIFE.
C) ATM HDFC LIFE strike will show the participant’s expectation of an immediate move above scenarios also apply to ATM strikes too.
This is how visually using Quantsapp Option Chain, a trader has advantages while executing a related option strategy.