max proft is say Rs 2 (less brokeage of 2 legs...maybe lesser)
and potential max loss if BD for any reason is Rs50
doesn't make sense to me or am I reading something wrong here?
and potential max loss if BD for any reason is Rs50
doesn't make sense to me or am I reading something wrong here?
Maybe we may close below 6000 but I consider the probability extremely small.
6000 is not only the point of Max OI & Max COI (>7,000,000) but also a strong support on the daily/weekly charts.
OTM options are cheap for a reason.
Last edited: