Options last traded price

[maandim]

Hi All,

I am novice in options trading. I am trying to buy ICICI call option.
When I select ICICI as stock code and product as options and option type as call, it shows multiple contract with different LTP price as below:
strike price Lot size LTP
1000 250 61
1150 250 4.45
1200 250 1.80

How come there is such a bug difference in LTP price ? What if I buy last one, I may make huge profit. Or may be my understanding is not correct.
Please explain.

 

[sanjayjob89]

1200 call price will have low value because it is far from underlying value of asset. 1300 call will have lower value than 1200 and so on...

 

[manishchan]

Hi All,

I am novice in options trading. I am trying to buy ICICI call option.
When I select ICICI as stock code and product as options and option type as call, it shows multiple contract with different LTP price as below:
strike price Lot size LTP
1000 250 61
1150 250 4.45
1200 250 1.80

How come there is such a bug difference in LTP price ? What if I buy last one, I may make huge profit. Or may be my understanding is not correct.
Please explain.

1200 call price will have low value because it is far from underlying value of asset. 1300 call will have lower value than 1200 and so on...

Buddy.. that is like ABC of Options. If you aren't well aware of it, it's highly advisable that you start from the bottom of the learning curve rather than taking a blind plunge. All the Best !!