Jindal Steel & Power Ltd 28 November 2024 870 Put

Jindal Steel & Power Ltd 28 November 2024 870 Put

Q: What is the Jindal Steel & Power Ltd 28 November 2024 870 Put Option?

The Jindal Steel & Power Ltd 28 November 2024 870 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Jindal Steel & Power 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 Jindal Steel & Power 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 Jindal Steel & Power Ltd 28 November 2024 870 Put?

The significance of the strike price of 25,200 in the Jindal Steel & Power Ltd 28 November 2024 870 Put Option is the level at which the holder can sell the Jindal Steel & Power 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 Jindal Steel & Power Ltd's movement.

Q: How does the expiry date affect the Jindal Steel & Power Ltd 28 November 2024 870 Put?

The expiry date determines the final opportunity to exercise the Jindal Steel & Power Ltd 28 November 2024 870 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Jindal Steel & Power Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Jindal Steel & Power Ltd 28 November 2024 870 Put be sold before expiry?

Yes, the Jindal Steel & Power Ltd 28 November 2024 870 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 Jindal Steel & Power Ltd stock's performance.

7.50

+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

Jindal Steel & Power Ltd

₹883.35

+1.10% (9.65)

Jindal Steel & Power Ltd Option Chain

Performance

Today's Low

858.5

▲

Today's High

884

Today's Low

858.5

Today's High

884

▲

Open

14.5

Prev. Close

14.95

Total Sell Qty

1250

Total Buy Qty

625

Open Interest

363750

Total Volume

967500

Jindal Steel & Power Ltd 28 November 2024 870 Put

Get Your FAQs Right

What is the Jindal Steel & Power Ltd 28 November 2024 870 Put Option?

What is the significance of the strike price in Jindal Steel & Power Ltd 28 November 2024 870 Put?

How does the expiry date affect the Jindal Steel & Power Ltd 28 November 2024 870 Put?

Can the Jindal Steel & Power Ltd 28 November 2024 870 Put be sold before expiry?