Call and Put options on same strike price

#1
Hi All,

I am new to Options world. I want to know that could i have both CALL and PUT Option on same strike price on same stock.?

i.e. for RELPOW, can i buy CALL and PUT at 120 strike price?

PS: I trade using ICICIDirect
 
#4
Hi i understand that! i just looking at option yesterday for buying NIFTY(MINI) for 4.5 rs premium which comes out to 90 (20*4.5), they just me incredible 196.3 rs :)..

yeap i am in process opening account with zerodha!
 

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