option buying doubt ...... Big bros please clarify

Nifty at 17784
17800 PE Premium at 9 Rs on Expiry day…
what will happen if i buy 17800 PE in intraday and exit my position at 17780 .
What will be my Profit/Loss …

Is intraday diff from regular option buying / Selling

And Please suggest me some good material for options…

Read Varsity

@Praveen_de

Options either intraday or Normal position there is no difference as such.

if you 17800 PE @ 9 rs , and nifty moves down to 17780 and premium might goup to 18/19rs .

so your profit will be 19-9 = 10 rs per lot since its is 50 lots it will be 500rs profit . but if it goes up even one rupee above 17800 your entire amount will be lost i,e 50*9 = 450 loss

try checking Opstra | Options Analytics Software

its a good free website it will show in graph how much you will be getting or loosing depending on the price movement