Bnf is morethan 31500 still bnf31500ce is at less than 50rs?

newbie here,

can anyone explain me, today when bnf index is morethan 31500 still bnf31500ce is at less than 50rs ? wht?

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If it expires in 31500 that would be worth zero.

what if it expire at 51530?

i think you meant to say 31530. 30 is intrinsic value. This would be credited back after charges deduction if you are option buyer considering today expiry contract.