NOV.23 NOVseries Day.19 Nifty=5626 (-1)
In NOV series NIFTY (9D-9U-1NC) closed in this fashion:
DUDUUUUUUDDDDDD0UUD
Now Expiry zone stands at (5600) from (5700~5600) with just
4 days to go.
THETA (time decay):
The option's theta is a measurement of the option's time decay.
The theta measures the rate at which options lose their value,
specifically the time value, as the expiration date draws nearer.
Generally expressed as a negative number, the theta of an option
reflects the amount by which the option's value will decrease every day.
(courtesy:theoptionguide.com)
In NOV series NIFTY (9D-9U-1NC) closed in this fashion:
DUDUUUUUUDDDDDD0UUD
Now Expiry zone stands at (5600) from (5700~5600) with just
4 days to go.
THETA (time decay):
The option's theta is a measurement of the option's time decay.
The theta measures the rate at which options lose their value,
specifically the time value, as the expiration date draws nearer.
Generally expressed as a negative number, the theta of an option
reflects the amount by which the option's value will decrease every day.
(courtesy:theoptionguide.com)