@Sharan
As far as I understood: In your first part of the post you say that you do not get a feeling that you understand everything. Let me tell you this: That is the way it is at the begin and even in later stages in option trading include in any other way of trading like future- or even stock trading. That is perfectly normal. Even I faced that feeling strongest when I started with options many years ago. I was reading books, was watching many videos from different traders, went to option trading seminars and even had a mentor. Still: Many times I felt that I do not understand everything, this specially when the option strategies and the different ways they can be traded got complicater and complicater. So just accept that feeling and move on with learning about options, as when you move on from time to time of a sudden you will realize and understand this or that topic you may did not feel before that you understood it. Such moments you will go through even after years and years. This are the typical: "AHA, now I got it" moments we experience in trading as well as in other fields, include in our normal, daily life.
1. You can watch any option matrix from any script to get an approximate feeling about how much an option does move up or down in value according to market moves. It is best to take any information about any option as approximate and not as absolute, as there are too many variables in any option pricing under different market conditions. So if SBI matrix showed the numbers you mentioned, then that is an approximate idea of what it can be.
If you want to have it in an other way you can use the following option price calculator to check if the option mentioned from you are priced with a fair value or if the option is under - or over priced: http://www.option-price.com/index.php
About any option matrix from any script: In option and special in option strategy trading it is absolute necessary to watch this matrixes. There is no way around that, as the matrix gives many clues about any option (pricing, IV, the greeks, OI, Volume and so on) on any strike level include some information/clues about where the underlying script can move towards.
2. Well, then you also have seen my old avatar (DanPickUp) in which I am not able to log in, as I lost my old PW and my given e-mail address to TJ was also closed at the time I lost that PW. In that and even in this avatar I have easily posted only on option trading over one thousand post's and more. It is time consuming and that time would even jump up when I open again a thread about option trading. Beside other reasons I do not have that time, so posting from time to time a post like this is fine. What you can do: You can ask the admin to move this thread into the option section of the forum, so you would have a thread about option trading and you could further post in this your already existing thread which then would be there. What about that? If time permits I then can post there from to time a post.
Take care and have a nice Sunday
(If you want to move this thread into the option section, use the red triangle on the right, upper side in any post. By doing so you will contact the admin/s of the forum about your wish. An other way is to contact Smart_Trade through any post and ask him about it. He is even able to move posts from this thread into an other thread which you would open newly under your name like others have done in the past)
As far as I understood: In your first part of the post you say that you do not get a feeling that you understand everything. Let me tell you this: That is the way it is at the begin and even in later stages in option trading include in any other way of trading like future- or even stock trading. That is perfectly normal. Even I faced that feeling strongest when I started with options many years ago. I was reading books, was watching many videos from different traders, went to option trading seminars and even had a mentor. Still: Many times I felt that I do not understand everything, this specially when the option strategies and the different ways they can be traded got complicater and complicater. So just accept that feeling and move on with learning about options, as when you move on from time to time of a sudden you will realize and understand this or that topic you may did not feel before that you understood it. Such moments you will go through even after years and years. This are the typical: "AHA, now I got it" moments we experience in trading as well as in other fields, include in our normal, daily life.
1. You can watch any option matrix from any script to get an approximate feeling about how much an option does move up or down in value according to market moves. It is best to take any information about any option as approximate and not as absolute, as there are too many variables in any option pricing under different market conditions. So if SBI matrix showed the numbers you mentioned, then that is an approximate idea of what it can be.
If you want to have it in an other way you can use the following option price calculator to check if the option mentioned from you are priced with a fair value or if the option is under - or over priced: http://www.option-price.com/index.php
About any option matrix from any script: In option and special in option strategy trading it is absolute necessary to watch this matrixes. There is no way around that, as the matrix gives many clues about any option (pricing, IV, the greeks, OI, Volume and so on) on any strike level include some information/clues about where the underlying script can move towards.
2. Well, then you also have seen my old avatar (DanPickUp) in which I am not able to log in, as I lost my old PW and my given e-mail address to TJ was also closed at the time I lost that PW. In that and even in this avatar I have easily posted only on option trading over one thousand post's and more. It is time consuming and that time would even jump up when I open again a thread about option trading. Beside other reasons I do not have that time, so posting from time to time a post like this is fine. What you can do: You can ask the admin to move this thread into the option section of the forum, so you would have a thread about option trading and you could further post in this your already existing thread which then would be there. What about that? If time permits I then can post there from to time a post.
Take care and have a nice Sunday
(If you want to move this thread into the option section, use the red triangle on the right, upper side in any post. By doing so you will contact the admin/s of the forum about your wish. An other way is to contact Smart_Trade through any post and ask him about it. He is even able to move posts from this thread into an other thread which you would open newly under your name like others have done in the past)