F&O contracts are temporary. In India, weekly expiries (usually Thursdays) are popular for Index options (Nifty/BankNifty). On the expiry day, the contract ceases to exist, and profits/losses are settled.
There are two types of Options:
Note: Always verify the latest edition of the PDF, as F&O rules and contract specifications change frequently. Use this as a learning guide, not a trading manual.
F&O contracts are temporary. In India, weekly expiries (usually Thursdays) are popular for Index options (Nifty/BankNifty). On the expiry day, the contract ceases to exist, and profits/losses are settled.
There are two types of Options:
Note: Always verify the latest edition of the PDF, as F&O rules and contract specifications change frequently. Use this as a learning guide, not a trading manual.
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