Comment on The Option Greeks (Delta) Part 1

Pankit Shah commented on 10 Jun 2015, 12:54 PM

Dear kartik,
I have understood call & put options,but i m confused regarding trading with put on the trading terminal.
Lets say i buy nifty put 8150 @ 100.After 3 days the nifty spot is at 8000 and premium @ 110…so how do i profit from above trade…if i sell put 8150..i would make a loss of 110-100=10*25=250…am i right sir?

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