Thursday, 3 July 2025 · Expiry 10 Jul 2025
The most time value sat at 25,400, next to NIFTY 25,405.30.
The call’s premium was ₹182.90. It held ₹5.30 intrinsic and ₹177.60 time value.
Thursday, 3 July 2025: NIFTY was at 25,405.30. This practice call cost ₹182.90, but its immediate value was ₹5.30. What made up the rest?
What you will learn
- Find the strike nearest the index.
- Split a practice price into immediate value and time value.
- Tell open contracts (OI), trades (volume) and price apart.
Implied volatility (IV) is the size of move suggested by the option’s price. It comes from each option’s own close.
Every premium, split in two
3 Jul 2025 · Premium · NIFTY 25,405.30
Call · Premium ₹278.65Contracts traded 75,580Open interest at close 42,178
Put · Premium ₹92.40Contracts traded 5,70,620Open interest at close 52,396
Call · Premium ₹244.35Contracts traded 1,47,089Open interest at close 40,572
Put · Premium ₹108.00Contracts traded 8,63,614Open interest at close 69,475
Call · Premium ₹212.35Contracts traded 3,21,493Open interest at close 55,602
Put · Premium ₹125.95Contracts traded 8,02,906Open interest at close 50,292
Call · Premium ₹182.90Contracts traded 6,44,371Open interest at close 37,108
Put · Premium ₹146.45Contracts traded 11,07,311Open interest at close 32,131
Call · Premium ₹156.10Contracts traded 7,40,431Open interest at close 42,355
Put · Premium ₹169.55Contracts traded 7,18,280Open interest at close 31,527
Call · Premium ₹132.00Contracts traded 7,08,759Open interest at close 58,573
Put · Premium ₹195.45Contracts traded 7,11,146Open interest at close 21,026
Call · Premium ₹110.70Contracts traded 7,61,698Open interest at close 47,083
Put · Premium ₹224.05Contracts traded 6,03,560Open interest at close 17,693
Read the prices and counts
| Strike | Call · Premium | Call · Contracts traded | Put · Premium | Put · Contracts traded | Call · Open interest at close | Put · Open interest at close |
|---|---|---|---|---|---|---|
| 25,250 | ₹278.65 | 75,580 | ₹92.40 | 5,70,620 | 42,178 | 52,396 |
| 25,300 | ₹244.35 | 1,47,089 | ₹108.00 | 8,63,614 | 40,572 | 69,475 |
| 25,350 | ₹212.35 | 3,21,493 | ₹125.95 | 8,02,906 | 55,602 | 50,292 |
| 25,400 | ₹182.90 | 6,44,371 | ₹146.45 | 11,07,311 | 37,108 | 32,131 |
| 25,450 | ₹156.10 | 7,40,431 | ₹169.55 | 7,18,280 | 42,355 | 31,527 |
| 25,500 | ₹132.00 | 7,08,759 | ₹195.45 | 7,11,146 | 58,573 | 21,026 |
| 25,550 | ₹110.70 | 7,61,698 | ₹224.05 | 6,03,560 | 47,083 | 17,693 |
On this day 1 lot was 75. It is 65 now. Charges use the rates as at 18 Oct 2026.
Intrinsic is its worth now. The remaining premium is time value. Grey bars show contracts traded that day.