A past weekEntered at the close on 3 Jul 2025. NIFTY was 25,405.3. First expiry 31 Jul 2025, 28 days later.
At 25,100 on 31 Jul 2025: −₹21,727.25Before charges · Before expiry: −₹23,010.19
Profit and loss The solid line shows the value before expiry. The dashed line shows the first expiry date. Green is profit. Red is loss. The orange ring is the result that week.
At first expiry · Before charges−₹21,727.25
Before expiryAt first expiryResult that week
Later legs keep their time value. The curve holds the other index at its entry close. The curve ends when the first leg expires. Later prices can change the basket result.
Most you can lose
Depends on later pricesBefore charges
Breakeven
No single levelBefore charges
Most you can make
Depends on later pricesBefore charges
Charges to enter
₹574.26
What happened that week
−₹17,551.00 · 1 lot · Before charges
NIFTY 31 Jul 2025 · 24,768.35
On this day 1 lot was 75. It is 65 now.
Before charges
₹0.003 JulEntry25,405.3
−₹4,205.254 JulClose25,461
−₹1,145.507 JulClose25,461.3
−₹7,288.258 JulClose25,522.5
−₹9,237.759 JulClose25,476.1
−₹9,238.2510 JulClose25,355.25
−₹17,583.5011 JulClose25,149.85
−₹22,900.7514 JulClose25,082.3
−₹22,791.2515 JulClose25,195.8
−₹27,220.7516 JulClose25,212.05
−₹22,801.7517 JulClose25,111.45
−₹14,356.5018 JulClose24,968.4
−₹28,520.2521 JulClose25,090.7
−₹23,814.2522 JulClose25,060.9
−₹27,758.2523 JulClose25,219.9
−₹34,497.5024 JulClose25,062.1
−₹32,529.5025 JulClose24,837
−₹28,551.0028 JulClose24,680.9
−₹22,787.7529 JulClose24,821.1
−₹17,699.5030 JulClose24,855.05
−₹17,551.0031 JulExpiry24,768.35
How to read the chart
The solid line shows the value before expiry. The dashed line shows the first expiry date. Green is profit. Red is loss. The orange ring is the result that week.
24,311.05–24,869.92 · Before charges24,869.92–25,428.78 · Before charges25,428.78–25,987.65 · Before charges
Read the true maximum loss above the chart. Check each leg's before using a basket.
What time changes
An option loses its as expiry gets closer. Keep the index still and move the time slider. A later expiry still has time left when the front leg settles.
NIFTY 25,405.3 · Before charges
3 Jul₹0.0028 days left
9 Jul+₹251.8622 days left
15 Jul+₹503.2616 days left
21 Jul+₹754.2110 days left
25 Jul+₹921.276 days left
31 Jul+₹1,170.250 days left
When it fits and when it does not
Choose the shape for the move you want to understand. A spread can cap both gains and losses. A sold option can leave a large loss. More legs do not make a basket safe.
Common mistakes
Check every leg, its ratio and its expiry. Finishing does not mean you made a profit. Subtract the premium and charges. A capped chart does not cap an unbounded loss.
Charges are shown separately. An option held to expiry is charged differently.
Your strategy
Leg
Contract
Expiry
Lots
Entry premium
Bought
NIFTY Future
31 Jul 2025
1
₹25,530.35
Sold
BANKNIFTY Future
31 Jul 2025
1
₹57,093.35
See every number
Implied Volatility (IV)
Implied volatility is the market's assumption about how much the underlying will move before expiry.