ICICI Lombard General Insurance Company Ltd 28 October 2025 1960 Put

The ICICI Lombard General Insurance Company Ltd 28 October 2025 1960 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the ICICI Lombard General Insurance Company Ltd stock at a strike price of 1960 on 27 October 2025. It is used to hedge against or speculate on a decline in the ICICI Lombard General Insurance Company Ltd stock. Its value depends on the stock's performance relative to the strike price.

The significance of the strike price of 1960 in the ICICI Lombard General Insurance Company Ltd 28 October 2025 1960 Put Option is the level at which the holder can sell the ICICI Lombard General Insurance Company 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 ICICI Lombard General Insurance Company Ltd's movement.

The expiry date determines the final opportunity to exercise the ICICI Lombard General Insurance Company Ltd 28 October 2025 1960 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the ICICI Lombard General Insurance Company Ltd stock's movement relative to the strike price as the expiry date nears.

Yes, the ICICI Lombard General Insurance Company Ltd 28 October 2025 1960 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 ICICI Lombard General Insurance Company Ltd stock's performance.