Rohith P
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Need advise on Options Writing

Rohith P at 10:28 AM - Aug 26, 2015 ( ) Views: 787

2

Friends,

I have shorted (writed) ICICI Bank 280 AUG CE at Rs.3.65 and we have 1 day to expire.  Now the price at around Rs.5/-.  My costing is Rs.283.65 and I know if ICICI doesn't cross 283.65, I will not incur loss.

How is the money reduction will take place ? By today market close, if ICICI is in the same price or at around Rs.280/-.  Can I see the 280 Aug CE price at around 1 or 2 ?

How to determine ? Please advise.


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Rohith P at 09:23 PM - Dec 01, 2015 ( )

I had bought Indiabulls Housing Finance futures at 722 last month and rolled over this month.

 

When this was at around 68 level, I bought 740 CE (call option) at 10.  I have applied covered call strategy.  Today this stock shooted upto 720 level and the call option doubled at 20 rupees. Now, I am bit confused on what to do as I have another 22 trading sessions to go for expiry and this stock looks like it will cross 740-750 soon.

Can anyone please suggest that I have to hold this pair till month end seeing the price where it goes... For example, if this expires at 780, then the call price could be 40 (780-740) - Am I correct ? Please advise.

 

I know if this expires below 740 & above 720, I will end up in profit but what if this goes beyond 740... ?

Rohith P at 09:18 AM - Aug 27, 2015 ( )

Thanks Swamy, let us see as it is sitting in the same bought price of Rs.3.65.

Swamy Pandit at 05:33 PM - Aug 26, 2015 ( )

U will be able to get profit,  expiry day always premium

Eating.  Expecting  0.50   to   1   tgt. 

Wait till  3pm  or  auto  square off. ?.

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