Comment on Basics on Options Shorting/Writing

Nithin Kamath commented on 21 Jan 2015, 07:16 PM

Guess you got the answer to your previous question :), yes you need to have 1.5 crores to pocket 90k in premium. Around 0.6% return for 10 days, still quite good considering the minimal risk. The buyers are people who are either covering their shorts (if OI is decreasing) or if OI is increasing would mean people trying to hit a lottery.

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