Suppose bank nifty 5 lot (100 units) 22500 CE sell for 210 Rs. premium on Monday for 23rd July expiry and on expiry bank nifty spot close is 23000 so potential loss is 23000-22500 = 500 - (210 premium received) = 290 x 100 = 29000 Correct? @Krish @maddy_Des @ShubhS9
Yes, this is correct. You can use Strategy Builder on Sensibull to easily analyse pay-off.