Dr Reddys Laboratories Ltd 28 November 2024 1230 Put

Dr Reddys Laboratories Ltd 28 November 2024 1230 Put

Q: What is the Dr Reddys Laboratories Ltd 28 November 2024 1230 Put Option?

The Dr Reddys Laboratories Ltd 28 November 2024 1230 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Dr Reddys Laboratories 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 Dr Reddys Laboratories 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 Dr Reddys Laboratories Ltd 28 November 2024 1230 Put?

The significance of the strike price of 25,200 in the Dr Reddys Laboratories Ltd 28 November 2024 1230 Put Option is the level at which the holder can sell the Dr Reddys Laboratories 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 Dr Reddys Laboratories Ltd's movement.

Q: How does the expiry date affect the Dr Reddys Laboratories Ltd 28 November 2024 1230 Put?

The expiry date determines the final opportunity to exercise the Dr Reddys Laboratories Ltd 28 November 2024 1230 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Dr Reddys Laboratories Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Dr Reddys Laboratories Ltd 28 November 2024 1230 Put be sold before expiry?

Yes, the Dr Reddys Laboratories Ltd 28 November 2024 1230 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 Dr Reddys Laboratories Ltd stock's performance.

23.85

+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

Dr Reddys Laboratories Ltd

₹1,214.45

+1.29% (15.45)

Dr Reddys Laboratories Ltd Option Chain

Performance

Today's Low

1193.6

▲

Today's High

1223.2

Today's Low

1193.6

Today's High

1223.2

▲

Open

36.15

Prev. Close

19.85

Total Sell Qty

625

Total Buy Qty

1250

Open Interest

63750

Total Volume

36250

Dr Reddys Laboratories Ltd 28 November 2024 1230 Put

Get Your FAQs Right

What is the Dr Reddys Laboratories Ltd 28 November 2024 1230 Put Option?

What is the significance of the strike price in Dr Reddys Laboratories Ltd 28 November 2024 1230 Put?

How does the expiry date affect the Dr Reddys Laboratories Ltd 28 November 2024 1230 Put?

Can the Dr Reddys Laboratories Ltd 28 November 2024 1230 Put be sold before expiry?