Polycab India Ltd 28 November 2024 6100 Put

Polycab India Ltd 28 November 2024 6100 Put

Q: What is the Polycab India Ltd 28 November 2024 6100 Put Option?

The Polycab India Ltd 28 November 2024 6100 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Polycab India 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 Polycab India 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 Polycab India Ltd 28 November 2024 6100 Put?

The significance of the strike price of 25,200 in the Polycab India Ltd 28 November 2024 6100 Put Option is the level at which the holder can sell the Polycab India 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 Polycab India Ltd's movement.

Q: How does the expiry date affect the Polycab India Ltd 28 November 2024 6100 Put?

The expiry date determines the final opportunity to exercise the Polycab India Ltd 28 November 2024 6100 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Polycab India Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Polycab India Ltd 28 November 2024 6100 Put be sold before expiry?

Yes, the Polycab India Ltd 28 November 2024 6100 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 Polycab India Ltd stock's performance.

3.70

+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

Polycab India Ltd

₹6,771.70

--0.56% (-38.30)

Polycab India Ltd Option Chain

Performance

Today's Low

6701.2

▲

Today's High

6810

Today's Low

6701.2

Today's High

6810

▲

Open

3.2

Prev. Close

7.75

Total Sell Qty

375

Total Buy Qty

500

Open Interest

39000

Total Volume

18000

Polycab India Ltd 28 November 2024 6100 Put

Get Your FAQs Right

What is the Polycab India Ltd 28 November 2024 6100 Put Option?

What is the significance of the strike price in Polycab India Ltd 28 November 2024 6100 Put?

How does the expiry date affect the Polycab India Ltd 28 November 2024 6100 Put?

Can the Polycab India Ltd 28 November 2024 6100 Put be sold before expiry?