Q. What is breakeven? A. As long as the underlying spot does not cross the breakeven figures on expiry, your strategy will not give you a loss. A temporary red M2M may be seen due to, -Vix movement (For Index) -Sudden one way movement in the underlying -No liquidity in the market As long as underlying remains in the range, nothing to worry. I hope beginners find it helpful. 105 views13:37
