As a customer of ICICIdirect, you can now trade in commodities options on MCX. It comes with a comprehensive tracking cum risk management solution to give you enhanced leveraging on your trading limits.
In Commodity options trading, you take buy/sell positions in commodities options contracts expiring in different months with various Strike Price. If, during the course of the contract life, the price moves in your favour, you make a profit. In case the price movement is adverse, you incur a loss. To take the buy/sell position on commodities options, you have to place certain % of order value as margin.
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