Wipro Ltd 28 November 2024 535 Put

Wipro Ltd 28 November 2024 535 Put

Q: What is the Wipro Ltd 28 November 2024 535 Put Option?

The Wipro Ltd 28 November 2024 535 Put Option is a financial contract that gives the holder the right, but not the obligation, to sell the Wipro 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 Wipro 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 Wipro Ltd 28 November 2024 535 Put?

The significance of the strike price of 25,200 in the Wipro Ltd 28 November 2024 535 Put Option is the level at which the holder can sell the Wipro 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 Wipro Ltd's movement.

Q: How does the expiry date affect the Wipro Ltd 28 November 2024 535 Put?

The expiry date determines the final opportunity to exercise the Wipro Ltd 28 November 2024 535 Put Option. As the expiry approaches, the time value diminishes, potentially reducing its price. The Option's value is influenced by the Wipro Ltd stock's movement relative to the strike price as the expiry date nears.

Q: Can the Wipro Ltd 28 November 2024 535 Put be sold before expiry?

Yes, the Wipro Ltd 28 November 2024 535 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 Wipro Ltd stock's performance.

1.60

+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

Wipro Ltd

₹566.70

--0.40% (-2.25)

Wipro Ltd Option Chain

Performance

Today's Low

564.2

▲

Today's High

574.55

Today's Low

564.2

Today's High

574.55

▲

Open

2.2

Prev. Close

1.8

Total Sell Qty

3000

Total Buy Qty

3000

Open Interest

456000

Total Volume

714000

Wipro Ltd 28 November 2024 535 Put

Get Your FAQs Right

What is the Wipro Ltd 28 November 2024 535 Put Option?

What is the significance of the strike price in Wipro Ltd 28 November 2024 535 Put?

How does the expiry date affect the Wipro Ltd 28 November 2024 535 Put?

Can the Wipro Ltd 28 November 2024 535 Put be sold before expiry?

Yes, the Wipro Ltd 28 November 2024 535 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 Wipro Ltd stock's performance.