tata motors share price analysis using implied volatility

Tata motors share price analysis using implied volatility

Trading in tata motors share is very difficult and we need a tool to identify the share price direction.

After reading this blog you will identify the direction of Tata motors share price.

Download Tata motors option chain excel sheet from this link

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Check the closing price of tata motors

Fill the closing price in excel sheet in current stock price column e.g. Tata motors closing price is 170

Check the implied volatility of tata motors options 170 call side and put side

Fill implied volatility data in excel sheet

Calculate days left for expiry for tata motors

Check the highest open interest build up call side and put

Fill the strike price that has the highest open interest call side and put aside.

Check the probability of hitting the strike price

Higher probability shows the probability of hitting that strike price for tata motors