Yeh kaise hota hai, kadam dar kadam
Shuruaat
Chart mein Index X 20,040 par hai. 20,000 strike ka call ₹78 par trade karta hai. Ismein ₹40 intrinsic value hai, kyunki option 40 points in the money hai. Baaki ₹38 time value hai. Yeh bache hue 15 sessions ki keemat hai.
Aage kya hota hai
Phir index lagbhag wahin rehta hai. 2 hafton tak woh 20,020 se 20,060 ke beech chalta hai. Level kam hilta hai, isliye intrinsic value ₹40 ke paas rehti hai. Time value ko aisa sahara nahi. Woh session dar session ghatti hai.
Iska matlab — aur kya nahi
Aakhri session mein premium ₹41 hai. Ismein ganit se nikle ₹40 intrinsic value aur mitne wali ₹1 time value hai. Kuch galat nahi hua. Option ki price bhi galat nahi thi. Holder ne waqt ke liye ₹38 diye. Waqt khatam ho gaya. Pehli baar options lene par yeh hairani bahut aam hai. Yeh market ki rai nahi, ghataane ki ganit hai. Wohi ganit har level par chalegi. 3 levels dekhein. Instrument par ₹100 strike ka call lein. Instrument ₹110 ho, toh call ₹10 in the money hai. ₹14 premium mein ₹10 intrinsic aur ₹4 time value hain. Instrument ₹100 ho, toh strike par intrinsic value 0 hai. ₹6 premium poora time value hai. Instrument ₹94 ho, tab bhi intrinsic value 0 hai. Woh negative nahi hoti. ₹2 premium phir poora time value hai. Intrinsic value 0 hone ka matlab premium 0 nahi. Premium ka har rupya ab bhi ho sakne wale badlav ke liye diya ja raha hai.
- Option ka premium (₹)
- Intrinsic value · 40
Underlying lagbhag flat hai. Premium ₹78 se ₹41 girta hai. Poori girawat time value ki hai. Tooti line ganit se bachi intrinsic value dikhati hai.
Chart ka data dekhein
| Din | Option ka premium (₹) |
|---|---|
| 1 | 78 |
| 2 | 76 |
| 3 | 73 |
| 4 | 71 |
| 5 | 68 |
| 6 | 65 |
| 7 | 62 |
| 8 | 59 |
| 9 | 56 |
| 10 | 53 |
| 11 | 50 |
| 12 | 47 |
| 13 | 44 |
| 14 | 42 |
| 15 | 41 |
Isse kya establish nahi hota
Yeh bantwara ganit hai. Chart ki vyakhya ki tarah galat saabit nahi hota. Lekin option rakhne ki dhaarna galat ho sakti hai. Yahan maana gaya ki intrinsic value tikne wala hissa hai. Underlying wapas strike paar kare, toh yeh sach nahi rehta. Intrinsic value 0 ho jaati hai. Premium phir poora time value hota hai. Is bantware ka reference strike hai. Size tay karte waqt sirf diya premium dekhein aur strike ki doori na dekhein, toh 2 hisson ko 1 samajh rahe hain.
Kya check karein
4Premium mein kitni intrinsic value hai? Strike maujooda level se upar hai ya neeche?
Time value ghatne ke liye kitne sessions bache hain?
Time value 0 ho jaaye, jo hogi, toh bhi trade ka matlab bachta hai?
Yaad rakhein: yeh upar ki misaal ki ganit hai. Kisi instrument par rai nahi.
Aam galtiyan
2Girne wale premium ko market ka virodh samajhna. Flat underlying bhi wohi girawat de sakta hai.
Sirf premium se 2 options ka milaan karna. Sasta option poora time value ho sakta hai. Mehanga lagbhag poora intrinsic value.
- 2 hafton mein market holding ke khilaaf ho gaya
- Premium ka time-value hissa ghata. Underlying hile ya na hile, yeh ghatta hai.
- Khareedte waqt option zaroorat se mehanga tha
Answer dikhao
B. Premium ka time-value hissa ghata. Underlying hile ya na hile, yeh ghatta hai.
Premium intrinsic aur time value ka jod hai. Underlying flat ho, toh intrinsic value nahi badalti. Poori girawat waqt wale hisse ke khatam hone ki hai. Uska kaam hi waqt ke saath ghatna hai. Ise samjhaane ke liye market ki rai ya galat price maan-na zaroori nahi.
Aksar poochhe sawaal
5Call option ki intrinsic value kaise nikaalein?
Underlying ke maujooda level se strike ghataayein. Jawab negative ho, toh 0 lein. 20,000 strike aur 20,040 index par intrinsic value 40 points hai. Index 19,900 ho, toh intrinsic value nahi hai.
Index nahi gira, phir mere option mein loss kyon hua?
Time-value hissa underlying hile ya na hile, ghatta hai. Upar ki misaal mein flat 2 hafton ne ₹78 premium mein se ₹37 liye.
Kya time value aur implied volatility 1 cheez hain?
Nahi. Lekin dono saath badalte hain. Implied volatility underlying ke hilne ke baare mein market ka anumaan hai. Bacha waqt wohi ho, toh bada anumaan premium mein zyada time value deta hai.
Intrinsic value 0 ho, phir bhi option ki price ho sakti hai?
Haan. Aksar hoti hai. Intrinsic value negative nahi hoti. Call ke liye level se strike ghataayein. Jawab negative ho, toh 0 lein. Strike se neeche call ki intrinsic value nahi. Bachi time value expiry se pehle level hilne ke chance ki keemat hai. Upar ₹100 strike aur ₹94 instrument par ₹2 premium poora time value hai.
Screen par dikhte premium ko kaise baantein?
Premium se intrinsic value ghataayein. Bacha hissa time value hai. 2 baatein dhyaan mein rakhein. Underlying aur option ko 1 hi waqt par padhein. Purani option price aur naya level milaane se bacha hissa waqt ki galti ho sakta hai. Yeh bhi dekhein ki premium aakhri trade ki price hai, bid, offer ya midpoint. Yeh 4 alag numbers hain. Inmein se sirf 1 seller ko milne wali price hai.