Nifty Call Options Trading

#1
Hi all,

i would like to know that I have purchased 1000 Nifty call options for Strike Price of 5200 expiry 31/12/2009 and my account was debited with 78000/- for the premium i suppose. I would like to know my gain if Nifty breaches 5200 levels before 31/12/2009 or loss if Nifty does not breach the 5200 level this month.The current level being 5117 for NIfty

looking forward to your replies

Regards
 

MurAtt

Well-Known Member
#2
Your purchase price was @ 78/-.
Therefore Nifty has to be above 5278 for you to be in gains on 31/12/2009.
BUT if Nifty crosses 5200 or 5180 in next week or even 3-4 days before expiry, then you may expect gains on premium i.e. the calls would be trading at around 100 bucks and you may sell them to make a profit ...
If Nifty does not cross 5200 then your total money is lost ....
 

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