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The put no longer has positive exercise value. Options are said to be deep in-the-money (or deep out-of-the-money) if the exercise price is at significant variance with the underlying asset price. What are Covered and Naked Calls? A call option position that is covered by.
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30, ,,.the call holder has the right to buy a Sensex at 3900, a profit can be made by binary options vix selling Sensex at this higher price. And with the current price at 4100, no matter how much the spot market price has risen.
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