Need Help Immediate - Options - Call (Buy)

#1
I have taken Call Options (Buy) for 'Yes Bank' with Expirty Dt 25-oct-2018, with strike rate = 235, As I understand I can sell it before 25th oct if price reaches to 235. I have purchased 1750 shares (1 lot = 1750). I can see it in open position but I'm not sure (Dont know) how can I sell it once it will reach the price or above the price. I can see the options 'Square Off', 'Square Off at Market', 'P&L Position'.

My questions :-
1. will it automatically 'Square off ' at the market end time Today ?
2. If Not then How can I sell it on later date before 25th Oct ?

Thanks
 

travi

Well-Known Member
#2
I have taken Call Options (Buy) for 'Yes Bank' with Expirty Dt 25-oct-2018, with strike rate = 235, As I understand I can sell it before 25th oct if price reaches to 235. I have purchased 1750 shares (1 lot = 1750). I can see it in open position but I'm not sure (Dont know) how can I sell it once it will reach the price or above the price. I can see the options 'Square Off', 'Square Off at Market', 'P&L Position'.

My questions :-
1. will it automatically 'Square off ' at the market end time Today ?
2. If Not then How can I sell it on later date before 25th Oct ?

Thanks
Call your broker!
 

TraderRavi

MM is the holy grail
#3
I have taken Call Options (Buy) for 'Yes Bank' with Expirty Dt 25-oct-2018, with strike rate = 235, As I understand I can sell it before 25th oct if price reaches to 235. I have purchased 1750 shares (1 lot = 1750). I can see it in open position but I'm not sure (Dont know) how can I sell it once it will reach the price or above the price. I can see the options 'Square Off', 'Square Off at Market', 'P&L Position'.

My questions :-
1. will it automatically 'Square off ' at the market end time Today ?
2. If Not then How can I sell it on later date before 25th Oct ?

Thanks
you can sell it anytime from your terminal just like you bought it . if you think you have enough profit you can sell it anytime. BTW before buying anything first know about it .
 

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