Tech Mahindra Ltd 28 November 2024 1460 Put

Tech Mahindra Ltd 28 November 2024 1460 Put

Q: What is the Tech Mahindra Ltd 28 November 2024 1460 Put Option?

The Tech Mahindra Ltd 28 November 2024 1460 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Tech Mahindra 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 Tech Mahindra 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 Tech Mahindra Ltd 28 November 2024 1460 Put?

The significance of the strike price of 25,200 in the Tech Mahindra Ltd 28 November 2024 1460 Put Option is the level at which the holder can sell the Tech Mahindra 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 Tech Mahindra Ltd's movement.

Q: How does the expiry date affect the Tech Mahindra Ltd 28 November 2024 1460 Put?

The expiry date determines the final opportunity to exercise the Tech Mahindra Ltd 28 November 2024 1460 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Tech Mahindra Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Tech Mahindra Ltd 28 November 2024 1460 Put be sold before expiry?

Yes, the Tech Mahindra Ltd 28 November 2024 1460 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 Tech Mahindra Ltd stock's performance.

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Tech Mahindra Ltd

₹1,732.60

--1.56% (-27.40)

Tech Mahindra Ltd Option Chain

Performance

Today's Low

1727.85

▲

Today's High

1767.8

Today's Low

1727.85

Today's High

1767.8

▲

Open

0.2

Prev. Close

0.2

Total Sell Qty

1200

Total Buy Qty

19800

Open Interest

59400

Total Volume

1200

Tech Mahindra Ltd 28 November 2024 1460 Put

Get Your FAQs Right

What is the Tech Mahindra Ltd 28 November 2024 1460 Put Option?

What is the significance of the strike price in Tech Mahindra Ltd 28 November 2024 1460 Put?

How does the expiry date affect the Tech Mahindra Ltd 28 November 2024 1460 Put?

Can the Tech Mahindra Ltd 28 November 2024 1460 Put be sold before expiry?