A small request ... can you please explain to me how is Rs 16 related to 11200 Put?
I mean what is 11200 and what is Rs16 ??
I do not know F&O and I cannot understand a thing about whats going on in this thread
A small request ... can you please explain to me how is Rs 16 related to 11200 Put?
I mean what is 11200 and what is Rs16 ??
I do not know F&O and I cannot understand a thing about whats going on in this thread
It basically says that I am betting on BNF to reach 11200 sometime before this expiry. There are others placing similar bets. I bought the bet at Rs. 16. If BNF expires at 11200, I get nothing, but it if closes below that, say at 11150, I get Rs. 50. Since I am betting the index to go down, the option is called a "put".
Now, I am not the right person to teach about F&O, please check out the resources on internet.