Hindalco Industries Ltd 28 November 2024 610 Put

Hindalco Industries Ltd 28 November 2024 610 Put

Q: What is the Hindalco Industries Ltd 28 November 2024 610 Put Option?

The Hindalco Industries Ltd 28 November 2024 610 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Hindalco Industries 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 Hindalco Industries 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 Hindalco Industries Ltd 28 November 2024 610 Put?

The significance of the strike price of 25,200 in the Hindalco Industries Ltd 28 November 2024 610 Put Option is the level at which the holder can sell the Hindalco Industries 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 Hindalco Industries Ltd's movement.

Q: How does the expiry date affect the Hindalco Industries Ltd 28 November 2024 610 Put?

The expiry date determines the final opportunity to exercise the Hindalco Industries Ltd 28 November 2024 610 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Hindalco Industries Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Hindalco Industries Ltd 28 November 2024 610 Put be sold before expiry?

Yes, the Hindalco Industries Ltd 28 November 2024 610 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 Hindalco Industries Ltd stock's performance.

0.95

+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

Hindalco Industries Ltd

₹652.10

--0.13% (-0.85)

Hindalco Industries Ltd Option Chain

Performance

Today's Low

647.4

▲

Today's High

657.3

Today's Low

647.4

Today's High

657.3

▲

Open

1.4

Prev. Close

0.95

Total Sell Qty

9800

Total Buy Qty

8400

Open Interest

831600

Total Volume

1258600

Hindalco Industries Ltd 28 November 2024 610 Put

Get Your FAQs Right

What is the Hindalco Industries Ltd 28 November 2024 610 Put Option?

What is the significance of the strike price in Hindalco Industries Ltd 28 November 2024 610 Put?

How does the expiry date affect the Hindalco Industries Ltd 28 November 2024 610 Put?

Can the Hindalco Industries Ltd 28 November 2024 610 Put be sold before expiry?