put varries wid price but its xpectance of future price by traders
time too plays imp role
may be this price is support or traders dont think tht it will go down more
plz ask such questions before noon
as getting late for lunch
time too plays imp role
may be this price is support or traders dont think tht it will go down more
plz ask such questions before noon
as getting late for lunch
Just adding to Khushi's reply,
Options trading is different than futures. It has time parameter which decays every day. So you can observe it hardly moves when it approaches expiry starting from 15th day. Stuck @ 22 means traders r thinking it won't fall further today and hence no contracts.
If you leave your options for no. of days and stock hovering at the same price, then thats a huge loss bcoz 22 wud become 19 or even 1 as day progresses.