Can any one to explain me .
First of all in SHORT what does Long call , Long put, Short Call , Short put mean and what is it’s use in real life trading.
AND
” If the shares price has gone above the exercise price of Rs100 then we would not exercise as we can sell at a bette price in the market directly” WHAT DOES THIS LINE MEAN.
So here my QUESTION is how come we can sell at better price directly WHEN and WHY would we do so.