Cummins India Ltd 31 October 2024 3400 Put

Cummins India Ltd 31 October 2024 3400 Put

Q: What is the Cummins India Ltd 31 October 2024 3400 Put Option?

The Cummins India Ltd 31 October 2024 3400 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Cummins India Ltd stock at a strike price of 25,200 on 5th September 2024. It is used to hedge against or speculate on a decline in the Cummins India Ltd stock. Its value depends on the stock's performance relative to the strike price.

Q: What is the significance of the strike price in Cummins India Ltd 31 October 2024 3400 Put?

The significance of the strike price of 25,200 in the Cummins India Ltd 31 October 2024 3400 Put Option is the level at which the holder can sell the Cummins India Ltd stock. It determines the point at which the Option becomes profitable if the stock falls below this value. The significance lies in its impact on the Option's potential value and profitability based on Cummins India Ltd's movement.

Q: How does the expiry date affect the Cummins India Ltd 31 October 2024 3400 Put?

The expiry date determines the final opportunity to exercise the Cummins India Ltd 31 October 2024 3400 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Cummins India Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Cummins India Ltd 31 October 2024 3400 Put be sold before expiry?

Yes, the Cummins India Ltd 31 October 2024 3400 Put can be sold before expiry. Selling the Option before expiry allows you to avail any gains or limit losses based on the Option's current market value. The price at which you can sell it depends on market conditions and the Cummins India Ltd stock's performance.

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on Delivery, Intraday, Currency and NSE F&O

Cummins India Ltd

₹3,370.15

--0.79% (-26.95)

Cummins India Ltd Option Chain

Performance

Today's Low

3311.2

▲

Today's High

3429

Today's Low

3311.2

Today's High

3429

▲

Open

60.95

Prev. Close

66.4

Total Sell Qty

900

Total Buy Qty

300

Open Interest

81600

Total Volume

311400

Cummins India Ltd 31 October 2024 3400 Put

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Get Your FAQs Right

What is the Cummins India Ltd 31 October 2024 3400 Put Option?

What is the significance of the strike price in Cummins India Ltd 31 October 2024 3400 Put?

How does the expiry date affect the Cummins India Ltd 31 October 2024 3400 Put?

Can the Cummins India Ltd 31 October 2024 3400 Put be sold before expiry?