Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put

Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put

Q: What is the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put Option?

The Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Indian Railway Catering & Tourism Corporation 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 Indian Railway Catering & Tourism Corporation 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 Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put?

The significance of the strike price of 25,200 in the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put Option is the level at which the holder can sell the Indian Railway Catering & Tourism Corporation 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 Indian Railway Catering & Tourism Corporation Ltd's movement.

Q: How does the expiry date affect the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put?

The expiry date determines the final opportunity to exercise the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Indian Railway Catering & Tourism Corporation Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put be sold before expiry?

Yes, the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 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 Indian Railway Catering & Tourism Corporation Ltd stock's performance.

43.05

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Indian Railway Catering & Tourism Corporation Ltd

₹808.60

+1.97% (15.60)

Indian Railway Catering & Tourism Corporation Ltd Option Chain

Performance

Today's Low

791.55

▲

Today's High

810.45

Today's Low

791.55

Today's High

810.45

▲

Open

Prev. Close

43.05

Total Sell Qty

875

Total Buy Qty

1750

Open Interest

358750

Total Volume

37625

Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put

Get Your FAQs Right

What is the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put Option?

What is the significance of the strike price in Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put?

How does the expiry date affect the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put?

Can the Indian Railway Catering & Tourism Corporation Ltd 28 November 2024 850 Put be sold before expiry?