........or am i missing something very basic here
Ranbaxy closing prices
Spot price - 522
September futures - 386
September call - strike - 380 price - 142
so basically if i sell the above call and buy futures
then i am hedged till 380-142 = 238
all the above futures and options contracts are liquid
and there are other sept and august calls with 500 strike prices
considering the open offer and its impact on stock price, why are ppl not taking advantage from this trade....i have been observing this for the last 4 days and the gap is not closed.
am i missing something basic here? can you pls explain?
Thanks,
Vishal
Ranbaxy closing prices
Spot price - 522
September futures - 386
September call - strike - 380 price - 142
so basically if i sell the above call and buy futures
then i am hedged till 380-142 = 238
all the above futures and options contracts are liquid
and there are other sept and august calls with 500 strike prices
considering the open offer and its impact on stock price, why are ppl not taking advantage from this trade....i have been observing this for the last 4 days and the gap is not closed.
am i missing something basic here? can you pls explain?
Thanks,
Vishal