Any views about this
BPCL 370 pe
Bought at 7.60
Now at 6.30 
Expiry Dec 2018 can I continue it to Jan by any method
No
You need to close this and buy January one, which will be very expensive
Is there any hope of recovery in this on 26 dec
BPCL has risen a lot so some profit booking is expected
But the way Crude is falling, BPCL may still surprise and rise more
So taking put options is risky on such stock