somebody please teach options...!

[trade_beginner]

But what about IV sir,I have burnt my hands eventhough nifty went up and was holding calls..Bcoz IV got down

Anup whats that IV ?

 

[anup]

Anup whats that IV ?

The basic concept of your call and put is correct...

But how a value for a strike is selected it depends on the lots of factors like Option greeks,IV and blah blah.. I am also beginner,have to read in depth

 

[freeda]

i am also curious to learn options