Yes! You read it right! Options Trading is now ZEROFIED at AxisDirect so that you can unleash the true potential of derivatives market with utmost ease. Bid adieu to heavy brokerage fees in Options and say hello to this never before ZERO brokerage offer. Avail same day square off at just 1 paisa per lot and options carry forward at Rs.10 per lot only.
So, what are you waiting for? Unlock maximum opportunities in the derivatives market at zero brokerage and start trading now!
HOW TO PLACE YOUR ORDER?
Swift Trade 3.0
NOT YET ENABLED FOR DERIVATIVES?
Terms and Conditions: AxisDirect offers Options trading in NSE only. AxisDirect reserves its right to withdraw the offer at any time without prior notice.
Options are derivatives contracts where one party has a right (but not an obligation) to buy/sell the underlying financial instruments, white the other party has an obligation to buy/sell. The person with the right is called the holder/buyer of the option. The person with the obligation is called the writer/seller of the option.
Options are extremely versatile securities that can be used in different ways.
- • One of the main attractions of options trading is the leverage involved. With the increased leverage you have a great buying power.
- • You can use Options to speculate or hedge (reduce the risk of holding an asset).
- • By trading in Options you have the ability to completely control your exposure to risk.
- Call option: A call is an option contract which gives the holder the right but not the obligation to buy an underlying stock for a certain price on a future date within a certain period of time.
- Put Option: A put is an option contract which gives the holder the right but not the obligation to sell an underlying stock for a certain price on a future date within a certain period of time.
The risk for an option buyer is limited to the losing the premium amount paid to buy and Options contract. The risk of an options writer is unlimited whereas his gains are limited to the premium earned. Options are used for short term trading, so the price movements need to be observed on daily basis, and fast decision making skills are required.
- a. Options price/premium: Option price is the amount that the buyer of an option contract pays to the seller of an option contract. It is also referred as the option premium
- b. Strike price: The strike price (or exercise price) of an option is the price at which the stock will be bought or sold when the option is exercised.
- c. Expiration date: The date on which an option contract lapses or matures is known as expiration date.
- d. Spot price: It is the Current market price of the underlying financial asset at which it can be bought or sold for immediate delivery.