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Futures & options
Also called: Put, PE (option)
A put option gives its buyer the right, but not the obligation, to sell the underlying at the strike price on or before expiry. Buyers use puts to profit from a fall or to insure a holding.
You buy a 24,000 put (PE) for 120 points. If the index settles at 23,700 on expiry, the put is worth 300 points, a gain of 180 points per unit times the lot size. Above 24,000 it expires worthless.
A put option gives its buyer the right, but not the obligation, to sell the underlying at the strike price on or before expiry. Buyers use puts to profit from a fall or to insure a holding.
You buy a 24,000 put (PE) for 120 points. If the index settles at 23,700 on expiry, the put is worth 300 points, a gain of 180 points per unit times the lot size. Above 24,000 it expires worthless.
No. Put option describes one aspect of a company, a price or a contract, and it is best read alongside other numbers and the business itself. Jivani Markets is a research and education platform; it does not give buy, sell or hold recommendations.