Futures aur options
Options (call aur put) kya hote hain?
English term: Options (call and put) · Read in English
Option buyer ko expiry se pehle strike price par kharidne (call) ya bechne (put) ka right deta hai, lekin obligation nahi. Obligation seller ka hota hai.
Buyer premium deta hai aur zyada se zyada wahi premium kho sakta hai. Seller premium leta hai, lekin uska potential loss bada ho sakta hai aur use margin dena padta hai.
Option ka price underlying ke price, strike, expiry tak ke time aur implied volatility par depend karta hai.
Isse jude terms
- Strike price kya hota hai?Strike price woh fixed price hai jis par option exercise kiya ja sakta hai. Market kahan hai, uske hisaab se option in the money, at the money ya out of the money hota hai.
- Option premium kya hota hai?Premium option ka price hota hai. Yeh intrinsic value (option kitna in the money hai) aur time value se milkar banta hai.
- Implied volatility (IV) kya hoti hai?Implied volatility market ki future volatility ki ummeed hai, jo option ke prices se nikaali jaati hai. High IV ka matlab hai mehenge options.
- F&O mein expiry kya hoti hai?Expiry woh aakhri din hai jab F&O contract trade hota hai. Uske baad open contracts settle ho jaate hain aur khatam ho jaate hain.
- Open interest (OI) kya hota hai?Open interest un F&O contracts ki sankhya hai jo abhi tak close nahi hue hain. Badhte price ke saath badhta OI naye long positions ka ishaara deta hai.
Yeh sirf education ke liye hai, investment advice nahi. PaisaTrade broker ya SEBI-registered adviser nahi hai.