i want to sell a covered call option on niftybees, how much unit do i need to own first?
Take current value of nifty multiply that with 50. You will get total value of one lot. Now divided that with cmp of niftybees. You will get number of units.
Instead why don’t you buy nifty futures and sell OTM call. ? There will be small difference in your profits cos of nifty futures premium. But the margin required is only around 1 lakh. The total funds you would want to buy niftybees is around 8.3 lakhs and plus additional 1 lakh for selling call. So the additional funds you have just park it in liquid funds.
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thank you for sharing
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