Apollo Hospitals (APOLLOHOSP) option chain analysis (24 Feb)
Apollo Hospitals (APOLLOHOSP) option chain analysis 24 Feb 2022 expiry
Apollo Hospitals (APOLLOHOSP) deals in Healthcare Facilities
Stock of Apollo Hospitals closed at 4292.25, opened at 4427.00 and traded inside a range of 4150.00 and 4427.00 with a volume of 12.44 lakhs.
| Date | Close | Open | High | Low | Volume |
| 27 Thu Jan | 4292.25 | 4427.00 | 4427.00 | 4150.00 | 12.44 lakhs |
| 25 Tue Jan | 4486.00 | 4415.00 | 4535.00 | 4250.10 | 9.17 lakhs |
| 24 Mon Jan | 4498.15 | 4690.00 | 4710.80 | 4462.25 | 7.38 lakhs |
| 21 Fri Jan | 4691.65 | 4649.95 | 4733.75 | 4544.85 | 10.08 lakhs |
| 20 Thu Jan | 4644.80 | 4525.00 | 4725.00 | 4490.00 | 27.48 lakhs |
Price action analysis of APOLLOHOSP based on a short term time period is
Price action analysis of APOLLOHOSP based on a short to mid term time period is
Apollo Hospitals has a LOT size of 250
Call of strike 4500.00 has highest open interest of 437000 with 1748.00 total contracts traded, and a volume of 21031250 and is trading at a premium of 175.05 Click here to view APOLLOHOSP 4500.00 Call price analysis
Put of strike 4000.00 has highest open interest of 353250 with 1413.00 total contracts traded, and a volume of 14500000 and is trading at a premium of 107.95 Click here to view APOLLOHOSP 4000.00 Put price analysis
Most active APOLLOHOSP Calls & Puts
| Strike | Premium | Open Interest | Contracts | Volume |
| APOLLOHOSP 4500 CE | 175.05 | 437000 | 1748.00 | 210.31 lakhs |
| APOLLOHOSP 5000 CE | 66.50 | 377750 | 1511.00 | 300 lakhs |
| APOLLOHOSP 4000 PE | 107.95 | 353250 | 1413.00 | 145 lakhs |
| APOLLOHOSP 4200 PE | 185.05 | 324250 | 1297.00 | 39.38 lakhs |
| APOLLOHOSP 3800 PE | 59.85 | 161000 | 644.00 | 57.81 lakhs |
| APOLLOHOSP 3500 PE | 25.65 | 148000 | 592.00 | 34.69 lakhs |
| APOLLOHOSP 4800 CE | 94.50 | 140500 | 562.00 | 108.75 lakhs |
| APOLLOHOSP 4600 CE | 144.55 | 132250 | 529.00 | 69.69 lakhs |
| APOLLOHOSP 4300 PE | 235.35 | 123250 | 493.00 | 47.19 lakhs |
| APOLLOHOSP 4700 CE | 115.70 | 113000 | 452.00 | 77.5 lakhs |
| APOLLOHOSP 4400 CE | 210.95 | 109000 | 436.00 | 33.75 lakhs |
| APOLLOHOSP 5200 CE | 45.60 | 99500 | 398.00 | 43.44 lakhs |
| APOLLOHOSP 4200 CE | 299.90 | 78750 | 315.00 | 29.69 lakhs |
| APOLLOHOSP 5500 CE | 29.10 | 66750 | 267.00 | 80 lakhs |
| APOLLOHOSP 4500 PE | 362.45 | 63250 | 253.00 | 80.94 lakhs |
| APOLLOHOSP 4900 CE | 79.55 | 50250 | 201.00 | 12.81 lakhs |
| APOLLOHOSP 4300 CE | 257.35 | 46500 | 186.00 | 31.56 lakhs |
| APOLLOHOSP 4400 PE | 289.40 | 44250 | 177.00 | 35 lakhs |
| APOLLOHOSP 5600 CE | 27.20 | 36500 | 146.00 | 20 lakhs |
| APOLLOHOSP 3400 PE | 20.05 | 33500 | 134.00 | 5.63 lakhs |
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APOLLOHOSP in-the-money Calls (CE)
| Strike | Premium | Open | High | Low | Open Interest | Contracts | Volume |
| APOLLOHOSP 4250 CE | 1558.45 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4200 CE | 299.90 | 287.25 | 325.00 | 245.70 | 78750 | 315.00 | 29.69 lakhs |
| APOLLOHOSP 4150 CE | 1644.85 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4100 CE | 1688.80 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4050 CE | 1733.20 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4000 CE | 442.50 | 400.00 | 450.00 | 400.00 | 3000 | 12.00 | 2.5 lakhs |
| APOLLOHOSP 3950 CE | 1823.20 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3900 CE | 1868.80 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3850 CE | 1914.75 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3800 CE | 1961.05 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3750 CE | 2007.70 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3700 CE | 2054.60 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3600 CE | 2017.65 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3500 CE | 1974.00 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3400 CE | 1939.05 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3300 CE | 2035.25 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
APOLLOHOSP Call (CE) of strike 4250.00 has an intrinsic value of 42.25 rupees
APOLLOHOSP Call (CE) of strike 4200.00 has an intrinsic value of 92.25 rupees
APOLLOHOSP out-the-money Calls (CE)
| Strike | Premium | Open | High | Low | Open Interest | Contracts | Volume |
| APOLLOHOSP 4300 CE | 257.35 | 259.95 | 274.00 | 211.90 | 46500 | 186.00 | 31.56 lakhs |
| APOLLOHOSP 4350 CE | 1474.05 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4400 CE | 210.95 | 230.05 | 235.50 | 168.00 | 109000 | 436.00 | 33.75 lakhs |
| APOLLOHOSP 4450 CE | 202.90 | 200.30 | 202.90 | 197.30 | 1000 | 4.00 | 1.25 lakhs |
| APOLLOHOSP 4500 CE | 175.05 | 239.25 | 245.80 | 138.00 | 437000 | 1748.00 | 210.31 lakhs |
| APOLLOHOSP 4550 CE | 164.95 | 185.00 | 185.00 | 134.95 | 10250 | 41.00 | 6.56 lakhs |
| APOLLOHOSP 4600 CE | 144.55 | 172.00 | 172.00 | 114.10 | 132250 | 529.00 | 69.69 lakhs |
| APOLLOHOSP 4650 CE | 135.05 | 142.40 | 142.40 | 118.85 | 2500 | 10.00 | 5 lakhs |
| APOLLOHOSP 4700 CE | 115.70 | 160.00 | 168.75 | 93.60 | 113000 | 452.00 | 77.5 lakhs |
| APOLLOHOSP 4750 CE | 1160.05 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4800 CE | 94.50 | 100.00 | 110.00 | 76.00 | 140500 | 562.00 | 108.75 lakhs |
| APOLLOHOSP 4850 CE | 1087.95 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4900 CE | 79.55 | 101.50 | 101.50 | 63.70 | 50250 | 201.00 | 12.81 lakhs |
| APOLLOHOSP 4950 CE | 1018.60 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5000 CE | 66.50 | 85.00 | 85.00 | 54.00 | 377750 | 1511.00 | 300 lakhs |
| APOLLOHOSP 5050 CE | 951.90 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5100 CE | 55.35 | 58.00 | 64.00 | 46.50 | 22750 | 91.00 | 15.63 lakhs |
| APOLLOHOSP 5150 CE | 888.40 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5200 CE | 45.60 | 50.05 | 55.70 | 38.40 | 99500 | 398.00 | 43.44 lakhs |
| APOLLOHOSP 5250 CE | 45.00 | 45.00 | 45.00 | 45.00 | 750 | 3.00 | 0.63 lakhs |
| APOLLOHOSP 5300 CE | 40.00 | 40.00 | 44.55 | 28.00 | 7750 | 31.00 | 7.5 lakhs |
| APOLLOHOSP 5350 CE | 770.15 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5400 CE | 742.40 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5450 CE | 715.40 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5500 CE | 29.10 | 32.90 | 36.60 | 24.65 | 66750 | 267.00 | 80 lakhs |
| APOLLOHOSP 5550 CE | 663.55 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5600 CE | 27.20 | 25.50 | 31.95 | 21.15 | 36500 | 146.00 | 20 lakhs |
| APOLLOHOSP 5650 CE | 614.55 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5700 CE | 591.10 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5750 CE | 568.35 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5800 CE | 546.25 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5850 CE | 524.90 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5900 CE | 504.15 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5950 CE | 484.10 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6000 CE | 17.10 | 16.30 | 18.15 | 13.75 | 7500 | 30.00 | 31.25 lakhs |
| APOLLOHOSP 6050 CE | 445.90 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6100 CE | 427.70 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6150 CE | 410.15 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6200 CE | 393.20 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6250 CE | 376.85 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6300 CE | 361.05 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6350 CE | 345.80 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6400 CE | 331.10 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6450 CE | 316.95 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6500 CE | 303.30 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6550 CE | 290.15 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6600 CE | 277.80 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6650 CE | 265.65 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6700 CE | 254.00 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6750 CE | 242.80 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
APOLLOHOSP Call (CE) of strike 4300.00 has an intrinsic value of 0 rupees
APOLLOHOSP Call (CE) of strike 4350.00 has an intrinsic value of 0 rupees
APOLLOHOSP in-the-money Puts (PE)
| Strike | Premium | Open | High | Low | Open Interest | Contracts | Volume |
| APOLLOHOSP 4300 PE | 235.35 | 225.00 | 337.95 | 217.00 | 123250 | 493.00 | 47.19 lakhs |
| APOLLOHOSP 4350 PE | 80.35 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4400 PE | 289.40 | 294.95 | 400.00 | 272.45 | 44250 | 177.00 | 35 lakhs |
| APOLLOHOSP 4450 PE | 196.20 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4500 PE | 362.45 | 392.55 | 470.55 | 329.85 | 63250 | 253.00 | 80.94 lakhs |
| APOLLOHOSP 4550 PE | 116.35 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4600 PE | 430.75 | 420.85 | 530.85 | 409.00 | 8250 | 33.00 | 26.56 lakhs |
| APOLLOHOSP 4650 PE | 138.05 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4700 PE | 500.00 | 487.45 | 607.35 | 487.45 | 3750 | 15.00 | 6.25 lakhs |
| APOLLOHOSP 4750 PE | 162.45 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4800 PE | 580.00 | 611.85 | 611.85 | 562.25 | 6000 | 24.00 | 11.88 lakhs |
| APOLLOHOSP 4850 PE | 189.35 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4900 PE | 713.85 | 690.00 | 713.85 | 690.00 | 750 | 3.00 | 2.19 lakhs |
| APOLLOHOSP 4950 PE | 219.05 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5000 PE | 746.15 | 728.25 | 850.10 | 716.05 | 11250 | 45.00 | 38.13 lakhs |
| APOLLOHOSP 5050 PE | 251.35 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5100 PE | 820.00 | 820.00 | 820.00 | 820.00 | 250 | 1.00 | 0.31 lakhs |
| APOLLOHOSP 5150 PE | 286.85 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5200 PE | 950.00 | 950.00 | 950.00 | 950.00 | 250 | 1.00 | 0.63 lakhs |
| APOLLOHOSP 5250 PE | 325.30 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5300 PE | 345.60 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5350 PE | 366.65 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5400 PE | 1120.00 | 1110.00 | 1120.00 | 1110.00 | 1250 | 5.00 | 1.56 lakhs |
| APOLLOHOSP 5450 PE | 410.95 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5500 PE | 1050.00 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0.63 lakhs |
| APOLLOHOSP 5550 PE | 458.10 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5600 PE | 1270.00 | 1260.00 | 1270.00 | 1260.00 | 1000 | 4.00 | 1.25 lakhs |
| APOLLOHOSP 5650 PE | 1334.00 | 1328.00 | 1334.00 | 1328.00 | 750 | 3.00 | 0.94 lakhs |
| APOLLOHOSP 5700 PE | 534.20 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5750 PE | 560.95 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5800 PE | 1530.00 | 1470.00 | 1530.00 | 1470.00 | 1000 | 4.00 | 4.06 lakhs |
| APOLLOHOSP 5850 PE | 616.50 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5900 PE | 645.30 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 5950 PE | 674.75 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6000 PE | 704.85 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6050 PE | 735.55 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6100 PE | 766.90 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6150 PE | 798.85 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6200 PE | 831.40 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6250 PE | 864.55 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6300 PE | 898.25 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6350 PE | 932.50 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6400 PE | 967.35 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6450 PE | 1002.70 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6500 PE | 1038.55 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6550 PE | 1074.90 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6600 PE | 1112.05 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6650 PE | 1149.45 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6700 PE | 1187.30 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 6750 PE | 1225.60 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
APOLLOHOSP Put (PE) of strike 4300.00 has an intrinsic value of 7.75 rupees
APOLLOHOSP Put (PE) of strike 4350.00 has an intrinsic value of 57.75 rupees
APOLLOHOSP out-the-money Puts (PE)
| Strike | Premium | Open | High | Low | Open Interest | Contracts | Volume |
| APOLLOHOSP 4250 PE | 65.75 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4200 PE | 185.05 | 188.45 | 284.45 | 167.65 | 324250 | 1297.00 | 39.38 lakhs |
| APOLLOHOSP 4150 PE | 53.15 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4100 PE | 142.10 | 220.65 | 332.95 | 129.75 | 21250 | 85.00 | 11.88 lakhs |
| APOLLOHOSP 4050 PE | 42.45 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 4000 PE | 107.95 | 110.35 | 190.00 | 96.35 | 353250 | 1413.00 | 145 lakhs |
| APOLLOHOSP 3950 PE | 33.45 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3900 PE | 80.60 | 105.00 | 105.00 | 73.75 | 11250 | 45.00 | 10 lakhs |
| APOLLOHOSP 3850 PE | 70.05 | 76.15 | 76.15 | 61.65 | 6250 | 25.00 | 5.94 lakhs |
| APOLLOHOSP 3800 PE | 59.85 | 45.00 | 123.70 | 45.00 | 161000 | 644.00 | 57.81 lakhs |
| APOLLOHOSP 3750 PE | 19.90 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3700 PE | 17.30 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3600 PE | 13.50 | 0.00 | 0.00 | 0.00 | 0 | 0.00 | 0 lakhs |
| APOLLOHOSP 3500 PE | 25.65 | 30.00 | 58.75 | 23.60 | 148000 | 592.00 | 34.69 lakhs |
| APOLLOHOSP 3400 PE | 20.05 | 12.40 | 43.80 | 12.40 | 33500 | 134.00 | 5.63 lakhs |
| APOLLOHOSP 3300 PE | 21.50 | 21.50 | 21.50 | 21.50 | 250 | 1.00 | 0.31 lakhs |
APOLLOHOSP Put (PE) of strike 4250.00 has an intrinsic value of 0 rupees
APOLLOHOSP Put (PE) of strike 4200.00 has an intrinsic value of 0 rupees
