WIT250321P00003750 Option on Wipro Limited ADR

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Wipro Limited positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Wipro Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.

Wipro Limited's Option Greeks for the contract ending on 2025-03-21 at a strike price of 3.75 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Wipro Limited's option greeks, its implied volatility helps estimate the risk of Wipro Limited stock implied by the prices of the options on Wipro Limited's stock.

Put options written on Wipro Limited grant holders of the option the right to sell a specified amount of Wipro Limited at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Wipro Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Wipro Limited is like buying insurance aginst Wipro Limited's downside shift.

By selling Wipro Limited's put option, the investors signal their bearish sentiment. A short position in a put option written on Wipro Limited will generally make money when the underlying price is above the strike price. Therefore Wipro Limited's put payoff at expiration depends on where the Wipro Stock price is relative to the put option strike price. The breakeven price of 3.5 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Wipro Limited's price. Finally, at the strike price of 3.75, the payoff chart is constant and positive.

Wipro Limited's option chain is a display of a range of information that helps investors for ways to trade options on Wipro. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Wipro. It also shows strike prices and maturity days for a Wipro Limited against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.

When running Wipro Limited's price analysis, check to measure Wipro Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.