linkion one more question if suppose feb expire in less than 5000 than i will be profit or whatplz explain i can take this put till expire .
Its highly advisable to get your basics right about options and only then trade it. Its the worst wealth destroyer there is in this market. hardly 10% of options have any value on the day of expiry. Unless u know what you are doing and your exit plan is crystal clear, avoid taking positions in options.
The bright side is, once you have a clear idea about market direction and its dynamics, u can make music with options and NF combo...