ICICI Bank Ltd 31 October 2024 1240 Call

ICICI Bank Ltd 31 October 2024 1240 Call

Q: What is the current price of the ICICI Bank Ltd 31 October 2024 1240 Call Option?

As of 21 December 2024, the current price of the ICICI Bank Ltd 31 October 2024 1240 Call Option is 1240. The Call Option contract for the ICICI Bank Ltd gives the holder the right, but not the obligation, to buy a specified asset (like stocks) at a predetermined price before or at the contract's expiration date. It is often used by investors to speculate to hedge against potential price increases. The buyer pays a premium for this right.

Q: When does the ICICI Bank Ltd 31 October 2024 1240 Call Option expire?

The ICICI Bank Ltd 31 October 2024 1240 Call Option expires on 31 October 2024. The Call Option contract typically expires at the end of the trading day on their expiration date. To keep track of the precise timing of the Call Option expiry, you may stay updated through trading platforms or exchange details.

Q: What is the significance of the strike price for the ICICI Bank Ltd 31 October 2024 1240 Call Option?

The strike price for the ICICI Bank Ltd 31 October 2024 1240 Call Option is the price at which the holder can buy the ICICI Bank Ltd index if they choose to exercise the Option. It represents the target price level that traders speculate the index will exceed by the expiration date. The option’s value depends on the ICICI Bank Ltd index’s performance relative to this strike price.

Q: Can I exit the ICICI Bank Ltd 31 October 2024 1240 Call Option before the expiration date?

Yes, you can exit the ICICI Bank Ltd 31 October 2024 1240 Call Option before the expiration date by selling the Option on the market. This allows you to avail any gains or limit losses before the Option expires. The Option's price and liquidity will influence the ease of exiting your position.