Is it mandatory to hit strike price?

#1
Hi Friends

i am learning about futures and options, here i have got a question, any options trader please explain me

if i bought xyz contract 3 lots at Rs.100

Strike price suppose is rs 150

Exp date : 30-05-2013


suppose if xyz price gown and reached rs.120, is it need for me hold till it reach 150 or i can sell them at now?

why i am asking this is we have two type European type and US type, as i was known that indian markets follow european style,


Thanks in advance
 

stock72

Well-Known Member
#2
you can buy or sell options of any strike price at any time for any number of times just like any other share provided some one waiting for a trade in the counter ...... :D



Hi Friends

i am learning about futures and options, here i have got a question, any options trader please explain me

if i bought xyz contract 3 lots at Rs.100

Strike price suppose is rs 150

Exp date : 30-05-2013


suppose if xyz price gown and reached rs.120, is it need for me hold till it reach 150 or i can sell them at now?

why i am asking this is we have two type European type and US type, as i was known that indian markets follow european style,


Thanks in advance
 

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