Comment on Start the Zerodha 60 Day Challenge
Dear Nitin Kamath,
Good day
I am Senthil Kumar and i am a Marine Engineer
I would like to take the challenge, positional trader considered for this challenge and kindly pls clarify the question below,
If i will be buying a stock future contract, since i think that the stock may go down, hence i hedge the stock by buying put option.
Suppose if my stock which i bought @ 1500 and the other day i see the stock gapped down to 500, and i bought my put option at 1200. Would i be in loss or would i be in hedged?
Regards
Senthil