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Need help Understanding options

 
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Author Need help Understanding options
enggabhinandan
White Belt
White Belt


Joined: 14 Jul 2008
Posts: 3

Post: #1   PostPosted: Sat Sep 20, 2008 11:51 am    Post subject: Need help Understanding options Reply with quote

Hello.
I purchase IFCI 45 CA yesterday for 0.65 INR and market closed at 0.65 itself. Probably the time i bought the IFCI options lot the IFCI equities price was around 40.2, closed at 40.5. The lot size of IFCI is 1970. Did i made profit/loss/neutral excluding the brokerage charges. Could some help me with the calculation.

What if on monday the IFCI equities share price touches 45, how does it reflects my option CA bought. Will i make profit or loss or neutral


Thanks
Abhinandan
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