call write

  1. C

    In a write(sell) call option - max we can loose is the premium we received?

    My friend sold nifty call option at strike price of 11100 for July 26 2018 expiry date and wondering if he can square off before expiry date? He sold for 48 Rs. and current price is 40 Rs. but he is worried that price may go up… Also we want to know what is the maximum amount he can loose…total...