Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put

Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put

Q: What is the Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put Option?

The Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Torrent Pharmaceuticals 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 Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put?

The significance of the strike price of 25,200 in the Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put Option is the level at which the holder can sell the Torrent Pharmaceuticals 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 Torrent Pharmaceuticals Ltd's movement.

Q: How does the expiry date affect the Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put?

The expiry date determines the final opportunity to exercise the Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Torrent Pharmaceuticals Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put be sold before expiry?

Yes, the Torrent Pharmaceuticals Ltd 28 November 2024 3100 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 Torrent Pharmaceuticals Ltd stock's performance.

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Torrent Pharmaceuticals Ltd

₹3,183.55

+2.63% (81.50)

Torrent Pharmaceuticals Ltd Option Chain

Performance

Today's Low

3102.05

▲

Today's High

3189.7

Today's Low

3102.05

Today's High

3189.7

▲

Open

Prev. Close

41.35

Total Sell Qty

1000

Total Buy Qty

250

Open Interest

51500

Total Volume

82750

Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put

Get Your FAQs Right

What is the Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put Option?

What is the significance of the strike price in Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put?

How does the expiry date affect the Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put?

Can the Torrent Pharmaceuticals Ltd 28 November 2024 3100 Put be sold before expiry?