General Trading Chat

[Smart_trade]

7900 under threat .

Smart_trade

 

[Dax Devil]

7900ce and 7900pe both are on the same bed.

 

[rahulmalik]

7900 under threat .

Smart_trade

What a smooth cut through ! Even the important supports not holding for 5 mins :clap:

 

[Dax Devil]

12 hours gain gone in 1. Bears are new supermen! :lol:

 

[Dax Devil]

FTSE broke 6000. God help nifty.

 

[viz007]

Hello TraderJi members,

I am confused with options "BreakEven" point. Breakeven point of a call option is defined as Strike Price+Premium. But in reality as soon as I purchase any stock at certain premium it soon starts getting increasing(if stock price is increasing). Theoretically it should be 0 before breakeven point and after crossing breakeven the value of my premium should increase.

For eg. Suppose currently SBI's 245 strike price call option for Sep 2015 expiry is quoting at a premium of 1.55 with spot price at 241.20. So ideally I should not make money till the breakeven i.e. 245+1.55=246.55 but as soon as the stock will become greater than 241.20 there is a movement in premium say at 242.0 spot price premium of SBI's 245 strike price call option for Sep 2015 expiry became 1.60. So why this increase of 0.05 points, ideally it should be 1.55 till the spot price becomes 246.55(breakeven).

Please help me out in removing this confusion.

Thanks.

 

[Dax Devil]

12 hours gain gone in 1. Bears are new supermen! :lol:

Next aim for bears should be - 12 days gains gone in 1! :rofl:

 

[rahulmalik]

ftse broke 6000. God help nifty.

spx @ 1936

 

[praveen taneja]

7777

 

[Dax Devil]

7777

2 gaps got filled. 3rd is way below 7777.