How to invest 40 lakhs in equity, FnO, commodities etc. Part 2

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timepass,

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 :(
 

SexyTrader

Well-Known Member
I'm holding the 10900 PE till expiry, so lets see what happens till expiry :thumb:

Besides I also hold KotakBank(Fut) since a long time...so the gains of it are balancing out. :)
 
timepass,

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.
 
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