Cummins India Ltd 28 November 2024 3500 Put

Cummins India Ltd 28 November 2024 3500 Put

Q: What is the Cummins India Ltd 28 November 2024 3500 Put Option?

The Cummins India Ltd 28 November 2024 3500 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 28 November 2024 3500 Put?

The significance of the strike price of 25,200 in the Cummins India Ltd 28 November 2024 3500 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 28 November 2024 3500 Put?

The expiry date determines the final opportunity to exercise the Cummins India Ltd 28 November 2024 3500 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 28 November 2024 3500 Put be sold before expiry?

Yes, the Cummins India Ltd 28 November 2024 3500 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.

216.45

+0%(null)

Graph not available

Explore our products

₹0 Brokerage *

Open Demat Account

By signing up you agree to our Terms and Conditions

Explore our products

₹0 Brokerage *

*By signing up you agree to our Terms and Conditions

Cummins India Ltd

₹3,282.25

--0.30% (-9.80)

Cummins India Ltd Option Chain

Performance

Today's Low

3244.25

▲

Today's High

3310

Today's Low

3244.25

Today's High

3310

▲

Open

245

Prev. Close

216.45

Total Sell Qty

300

Total Buy Qty

150

Open Interest

69450

Total Volume

3150

Cummins India Ltd 28 November 2024 3500 Put

Get Your FAQs Right

What is the Cummins India Ltd 28 November 2024 3500 Put Option?

What is the significance of the strike price in Cummins India Ltd 28 November 2024 3500 Put?

How does the expiry date affect the Cummins India Ltd 28 November 2024 3500 Put?

Can the Cummins India Ltd 28 November 2024 3500 Put be sold before expiry?