nifty spot is at 5505 and 5500 call option closed at 40rs so how is it possible? any comments on this. people willing to by the nifty call option at 40rs?
Ok. I was wrong about the gap up, but NF made a high of 5541 and the calls were profitable. Maybe those who bought at 40rs. yesterday averaged it today and had a highly profitable trade.
Good observation, Kiran, something to note - options trading at disproportionate premium/discount. You had made a similar observation about 5700 PE elsewhere in this thread :thumb: