Dearest members,
I am new to options. And for the first time I have bought a stock option. I have bought IFCI 40 put, as I think IFCI can go down to 35 levels.
Now if on Monday 14th July 2008, it goes to 35, what could be the option price. Today it closed at 4.05 . I want to know my profit potential in this trade.
I am new to options. And for the first time I have bought a stock option. I have bought IFCI 40 put, as I think IFCI can go down to 35 levels.
Now if on Monday 14th July 2008, it goes to 35, what could be the option price. Today it closed at 4.05 . I want to know my profit potential in this trade.