## Comment on Theta

Intrinsic value of a call option – Spot Price – Strike Price i.e 8531 – 8600 = 0 (since it’s a negative value) We know – Premium = Time value + Intrinsic value 99.4 = Time Value + 0 This implies Time value = 99.4.Sir how did you get 99.40 as intrinsic value? As the intrinsinc value is zero by formula? Can you clarify this?