HUL Options Trading Important Tips
It is difficult to find a person who has not used any product from Hindustan Unilever company in his life span. The products of this company are available from one corner of the country to other corner.
It is one of the largest FMCG company of India with wise range of products for every aspect of consumer space. HUL is popular between investors as well as traders. It is an active stock in Futures and Options despite being a slow mover.
In this article we will share you Hindustan Unilever Options Open Interest excel sheet to help you with trading. But you should also keep below points in mind before making a trading call in it. Note this points more or less are applicable for other FMCG stock ITC.
- The stock movement is related to index movement as well.The external factors do not impact this sector and HUL that much.
- For example the Crude Oil and INR depreciation are overall negative for Index. So if overall sentiment is negative that may impact this stock as well.
- HUL always trades with positive bias and is on the expensive side most of the times. So it gets on negative side if sentiment of Nifty is negative. Most of the times it has positive bias for the month.
- Like all stocks the results are major trigger. If there is any expansion plan mentioned then that is also taken as positive.
Options Open Interest Excel Sheet Download
Below is the download link for HUL Open Interest Analysis Excel Sheet. The sheet downloads and refreshes HUL OI information and presents Put and Call data in simple format. It creates bullish and bearish signals based on the Long and Short position information.
The Long and Short position information is created based on Call and Put data. Below is the link to download the sheet. You can download and use it for free.
Some people also trade in other popular stocks like Reliance or SBI or Maruti. For them I have created Excel Sheets as well. You can get the list of stocks for which I have created sheets at below link.
Most option traders also like to trade on Nifty and Bank Nifty since the volume is more and erratic movement chances are less. So for them I have created Tips along with excel sheets for Nifty and bank nifty which you can download for free using below links.