I have bought Call call of nifty 26550 in two orders with avg price of .74 rs with toal quntity 3100.
Today is the expiry day .
If i do not do anything what would be my max loss.
cureently its showing somewherer around 2100.
But when i was trying to do exit all it was showing in price as needed some 45 lakh.
is it correct or some fault in broker app.
Please help urgently i am very new to trading and options 
Max loss = 0.74 *3100 = 2294 rs
Try exiting from the positions tab. If you’re unable to do so, you can call customer care to exit your position.
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Thanks sir for the reply its a great relief to me.
however i am attaching the screnshot here for more clarity.
I have done exit all and i think order is placed as well.
So not to worry right it will be only 4k loss today
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It seems that the Call position is still open. Can you check your order book?
I think the order is still open as we can see in the attached scrennshot there are two open ordersin Sell 1800+1300 =3100.
I am not sure why they are still open. is there another ways to check that.
TIA.
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The sell order has not yet been executed because there are no buyers available.
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ok i got that.
So in case if end of the day today if no buyers are there what will happen as today is the expiry day.
I am just worried that my loss should not exceed 4079 right by EOD?
Please bear with me if i am asking silly quetions. all i am trying to understand the things here
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OTM option contracts expire worthlessly. The entire amount paid as a premium will be lost. Brokerage will only be charged on one side, which is when the options are purchased, and not when they expire worthless on the expiry day.
you can refer - What happens if the option contract is not squared off on the expiry date?
Yes, your put trade has already been squared off with a loss of 2,002.5 Rs. By the end of the day, your call position will be settled in cash, with a maximum loss of 0.74 * 3100 = 2,294 Rs. Therefore, your total loss will not exceed 4,296.5 Rs.
No problem, happy to help you 
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since you are new to options, i advise you to not to buy naked options which are so much away unless you have purchased them for hedging. In index options, buy options which are only 2-3% max. away from spot. In 2 trades, you have easily burnt 4.5k rs, which is a big amount for new comers.
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Hi,
I am not a trader, so i don’t have practical knowledge , although I know the basics of calls and puts.
Here in the case of OP, shouldnt the call and put be interchanged.
I mean CALL gives me the right to buy, so I should have bought a call at 24300 and should have bought a PUT at 26550.(Provided such call and puts exits)
This way I get to sell at higher price when the market falls or i get to buy at lower price when the market rises.
Am I right ?
@Champion_Trader you too can confirm my understanding
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Thanks Aditya for your suggestion.
But I did not get when you say
@SG_13
Yes, we can do that.
However, we will only make a profit if Nifty closes above 24,800 (approx) or below 24,000 (approx). Please refer to the attached PnL graph (payoff chart) for details.
Yeah, i totally get it, the only way to make profit is to be able to square off at a price that compensates for premium paid on both the call and put.
Here in this example, the break-even amount is ~₹10,500
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i wanted to say that you have to buy options which are near to the money. In this exampl,e this person has bought 26550 CE which is very much far OTM. By 2-3%, i meant 2-3% from spot. For example, if Nifty is at 24k then one can buy calls till 24500,24700 only.
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