Nifty 07 Oct Option Put 24000 May Go to ₹25 If Not Break ₹10 | Trader’s View
đ English Version (Approx. 2000 words) Nifty 07 Oct Option Put 24000 – A Trader’s View Options trading is one of the most exciting yet risky segments of the stock market. On 07 October, the Nifty 24000 Put Option has drawn special attention. My personal observation is: đ “Nifty 07 Oct option put 24000 may go towards ₹25 if not break ₹10. I am a trader, not an expert.” Let’s break this down. --- đ Understanding Put Options A Put Option gives the buyer the right (not the obligation) to sell an asset at a certain strike price. In this case: Strike Price: 24000 Expiry: 07 October Premium Movement Range: Between ₹10 and ₹25 --- đē Why ₹25 Target? If market conditions favor downward momentum, this put option premium may rise: 1. Technical Factor: Downside pressure in Nifty can push option premiums up. 2. Volatility Impact: High volatility increases option value. 3. Trader Sentiment: Fear or bearishness makes puts more expensive. Thus, if support levels crack, the premium can j...