ITC Ltd 30 January 2025 490 Call

ITC Ltd 30 January 2025 490 Call

Q: What is the current price of the ITC Ltd 30 January 2025 490 Call Option?

As of 15 January 2025, the current price of the ITC Ltd 30 January 2025 490 Call Option is 490. The Call Option contract for the ITC 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 ITC Ltd 30 January 2025 490 Call Option expire?

The ITC Ltd 30 January 2025 490 Call Option expires on 30 January 2025. 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 ITC Ltd 30 January 2025 490 Call Option?

The strike price for the ITC Ltd 30 January 2025 490 Call Option is the price at which the holder can buy the ITC 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 ITC Ltd index’s performance relative to this strike price.

Q: Can I exit the ITC Ltd 30 January 2025 490 Call Option before the expiration date?

Yes, you can exit the ITC Ltd 30 January 2025 490 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.