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Invest in Futures and Options


F&O Stock List
Option chain

22,183.95
CMP
22,528.80
16,913.75
CMP
22,526.60
22,167.05
22,194.35
22,326.90
6,618,000.00
6618000
10.10
0.31
0.25
3,266.98
50.00
Option chain

22,183.95
CMP
22,528.80
16,913.75
CMP
22,526.60
22,167.05
22,194.35
22,326.90
10.10
10.10
0.31
0.25
3,266.98
50.00

WHY CHOOSE ICICIDIRECT FOR F&O TRADING?

ICICIdirect provides best in class features and tools for seamless trading in futures & options for all customers. View the reasons to trade with us:

Advanced Analytical Tools

With multiple tools to analyze and plan your trades, you will always be a step ahead of the market. With Payoff Analyzer and i-Track, you can get the estimated payoffs for your positions in a customized manner while Technical Charts and F&O Insights at Fingertips provide rich data points for your trades.

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Award winning Research

Our research team provides multiple research calls and results updates regularly to suit all types of market participants. Strategies, weekly and monthly Derivatives view along with OneClick Derivatives help our customers make informed decisions at the click of a button.

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Next-Gen Trading API

Breeze API is our powerful and all-new set of trading APIs which helps you trade simpler and faster. Three layers of security, 3 years of Historical Derivatives Data, Streaming OHLC and much more free of cost for our customers. Try Breeze API today

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Option Chain

CALL Strike Price PUT
LTP() CNG % Vol (Cr)
LTP()
Vol % OI (Cr)
OI %Chg
OI %Chg LTP() CNG % Vol (Cr)
LTP()
Vol % OI (Cr)
OI %Chg
OI %Chg
8,329.10 1.52 2,581
8329.10
-96.79 46,250.00
-61.10
-61.10 14,000 0.05 -75.00 15,360
0.05
-93.67 203,650.00
2.08
2.08
7,338.90 2.50 212
7338.90
-97.90 9,550.00
-16.59
-16.59 15,000 0.10 -60.00 9,582
0.10
-59.14 65,600.00
798.63
798.63
6,301.00 2.25 92
6301.0
-98.04 9,250.00
-23.24
-23.24 16,000 0.10 -50.00 5,838
0.10
-74.23 108,050.00
0.93
0.93
5,341.00 3.07 805
5341.0
-92.55 30,650.00
-37.06
-37.06 17,000 0.05 -83.33 7,323
0.05
-86.22 238,150.00
6.01
6.01
4,333.30 3.85 3,845
4333.30
-97.14 197,850.00
-6.96
-6.96 18,000 0.05 -80.00 36,854
0.05
-97.78 833,500.00
-3.15
-3.15
3,332.95 5.62 5,041
3332.95
-95.53 55,300.00
-79.37
-79.37 19,000 0.10 -81.82 278,697
0.10
-97.75 2,050,850.00
-63.68
-63.68
2,833.40 6.21 694
2833.40
-98.13 26,750.00
-32.62
-32.62 19,500 0.05 -88.89 45,135
0.05
-97.90 298,200.00
-59.50
-59.50
2,683.50 0.00 0
2683.50
-100.00 2,100.00
0.00
0.00 19,550
2,785.00 8.26 91
2785.0
-77.25 900.00
-78.82
-78.82 19,600 0.05 -90.91 14,638
0.05
-96.75 69,050.00
-49.98
-49.98
2,564.00 0.00 0
2564.0
-100.00 800.00
0.00
0.00 19,650
2,631.95 6.47 48
2631.95
-88.00 3,450.00
-22.47
-22.47 19,700 0.10 -81.82 14,141
0.10
-96.92 94,150.00
-39.04
-39.04
2,251.50 0.00 0
2251.50
-100.00 200.00
0.00
0.00 19,750
2,476.90 3.59 43
2476.90
-96.81 5,750.00
-17.27
-17.27 19,800 0.10 -81.82 10,178
0.10
-96.62 155,500.00
-3.27
-3.27
2,204.45 0.00 0
2204.45
-100.00 150.00
0.00
0.00 19,850
2,395.00 4.44 23
2395.0
-99.00 3,300.00
-8.33
-8.33 19,900 0.05 -90.00 14,622
0.05
-96.50 89,750.00
-32.62
-32.62
2,440.00 15.10 2
2440.0
-98.00 150.00
-25.00
-25.00 19,950 0.05 -90.91 4,789
0.05
-98.15 20,350.00
-61.49
-61.49
2,330.45 6.78 5,440
2330.45
-95.78 200,650.00
-44.03
-44.03 20,000 0.05 -90.00 135,803
0.05
-98.36 3,088,250.00
-23.64
-23.64
2,272.85 7.36 1
2272.85
-99.50 1,150.00
0.00
0.00 20,050 0.05 -90.00 23,006
0.05
-91.58 52,900.00
-15.56
-15.56
2,191.00 4.55 39
2191.0
-94.80 1,300.00
-40.91
-40.91 20,100 0.05 -90.00 25,766
0.05
-99.21 202,550.00
-26.35
-26.35
2,137.00 12.37 3
2137.0
-98.00 550.00
-15.38
-15.38 20,150 0.05 -90.91 13,561
0.05
-97.22 63,250.00
-39.73
-39.73
2,129.70 8.60 336
2129.70
-87.32 3,050.00
-79.18
-79.18 20,200 0.05 -90.91 55,438
0.05
-98.77 610,650.00
-42.10
-42.10
2,240.00 23.08 8
2240.0
-97.71 500.00
0.00
0.00 20,250 0.05 -90.00 9,522
0.05
-96.93 22,950.00
-62.68
-62.68
2,035.00 9.27 104
2035.0
-95.16 2,800.00
-35.63
-35.63 20,300 0.05 -90.00 23,843
0.05
-99.03 210,850.00
-23.29
-23.29
2,090.00 20.81 1
2090.0
-98.00 650.00
0.00
0.00 20,350 0.05 -90.00 8,563
0.05
-96.59 49,850.00
-26.64
-26.64
1,930.95 7.57 206
1930.95
-68.31 5,200.00
-42.54
-42.54 20,400 0.05 -90.00 30,653
0.05
-99.00 301,850.00
-22.72
-22.72
2,011.00 15.24 88
2011.0
-96.74 1,300.00
116.67
116.67 20,450 0.05 -90.91 8,034
0.05
-97.77 20,350.00
-56.56
-56.56
1,830.70 9.66 1,737
1830.70
-95.02 77,650.00
-11.96
-11.96 20,500 0.05 -90.00 92,132
0.05
-98.37 1,296,250.00
-45.79
-45.79
1,781.35 9.29 247
1781.35
-77.55 1,750.00
-2.78
-2.78 20,550 0.05 -90.00 15,938
0.05
-98.13 76,800.00
-52.42
-52.42
1,733.00 12.53 829
1733.0
-84.79 17,650.00
-47.55
-47.55 20,600 0.10 -81.82 23,855
0.10
-98.92 242,200.00
-41.46
-41.46
1,801.40 17.38 5
1801.40
-98.57 1,350.00
-3.57
-3.57 20,650 0.05 -90.91 10,122
0.05
-99.24 57,450.00
-57.03
-57.03
1,626.90 11.43 412
1626.90
-88.06 4,350.00
-69.79
-69.79 20,700 0.05 -88.89 57,815
0.05
-98.82 344,000.00
-45.11
-45.11
1,577.05 14.28 11
1577.05
-99.41 2,350.00
-6.00
-6.00 20,750 0.05 -90.91 16,313
0.05
-99.12 59,400.00
-62.04
-62.04
1,529.60 10.17 296
1529.60
-96.11 7,600.00
-42.21
-42.21 20,800 0.05 -90.00 92,946
0.05
-98.67 563,850.00
-35.31
-35.31
1,583.45 18.15 1
1583.45
-99.33 1,600.00
0.00
0.00 20,850 0.05 -90.91 62,245
0.05
-96.87 148,200.00
-58.10
-58.10
1,426.80 12.94 166
1426.80
-96.43 4,750.00
-9.52
-9.52 20,900 0.05 -88.89 204,518
0.05
-98.23 1,009,350.00
-25.63
-25.63
1,360.00 9.76 35
1360.0
-76.67 1,050.00
16.67
16.67 20,950 0.05 -90.00 132,618
0.05
-95.05 207,850.00
-55.32
-55.32
1,330.00 14.83 5,866
1330.0
-98.54 962,350.00
-3.33
-3.33 21,000 0.05 -90.91 578,553
0.05
-97.83 4,798,600.00
-30.78
-30.78
1,280.55 17.27 93
1280.55
-98.23 4,950.00
65.00
65.00 21,050 0.05 -90.91 164,276
0.05
-94.32 654,650.00
121.58
121.58
1,228.00 15.94 353
1228.0
-94.31 14,200.00
-29.35
-29.35 21,100 0.05 -90.91 542,226
0.05
-95.26 4,162,300.00
181.25
181.25
1,177.60 14.22 126
1177.60
-89.04 3,450.00
109.09
109.09 21,150 0.05 -90.91 170,098
0.05
-97.31 1,073,050.00
32.83
32.83
1,127.00 14.99 929
1127.0
-98.42 98,650.00
-3.05
-3.05 21,200 0.05 -91.67 535,209
0.05
-98.17 5,279,500.00
57.18
57.18
1,075.05 13.29 71
1075.05
-97.16 4,750.00
4.40
4.40 21,250 0.05 -91.67 225,575
0.05
-97.85 1,128,950.00
83.41
83.41
1,029.05 16.45 746
1029.05
-95.45 25,450.00
-26.34
-26.34 21,300 0.05 -91.67 620,528
0.05
-98.13 2,455,100.00
-1.86
-1.86
979.05 16.26 176
979.05
-84.00 6,100.00
11.93
11.93 21,350 0.05 -92.31 263,579
0.05
-98.46 705,950.00
21.30
21.30
926.95 20.70 1,605
926.95
-90.27 46,850.00
-19.08
-19.08 21,400 0.05 -92.86 608,472
0.05
-98.49 2,768,150.00
2.38
2.38
878.30 21.21 129
878.30
-94.00 8,600.00
-14.00
-14.00 21,450 0.05 -93.75 392,168
0.05
-98.16 1,055,650.00
-6.06
-6.06
826.85 23.13 8,639
826.85
-97.38 340,550.00
-17.21
-17.21 21,500 0.05 -94.44 1,590,100
0.05
-97.55 5,353,650.00
-24.04
-24.04
779.30 28.84 477
779.30
-97.63 8,700.00
-24.02
-24.02 21,550 0.05 -94.44 592,310
0.05
-97.71 1,364,400.00
46.88
46.88
727.20 28.70 2,750
727.20
-97.61 74,300.00
-35.05
-35.05 21,600 0.05 -95.00 1,468,166
0.05
-97.48 3,493,200.00
-12.61
-12.61
678.00 30.93 804
678.0
-97.63 31,300.00
-28.70
-28.70 21,650 0.05 -95.65 1,016,640
0.05
-97.12 2,389,300.00
2.44
2.44
628.75 35.40 5,654
628.75
-98.44 92,600.00
-45.75
-45.75 21,700 0.05 -96.55 2,649,998
0.05
-96.82 5,845,150.00
-15.35
-15.35
578.30 37.23 2,865
578.30
-96.79 30,600.00
-55.68
-55.68 21,750 0.05 -97.30 1,776,485
0.05
-96.40 2,378,850.00
-17.86
-17.86
527.55 43.43 18,588
527.55
-98.95 932,550.00
-21.98
-21.98 21,800 0.05 -98.15 4,331,531
0.05
-94.85 5,316,700.00
-34.85
-34.85
477.15 50.40 7,420
477.15
-98.73 92,700.00
-42.97
-42.97 21,850 0.05 -98.73 3,096,644
0.05
-95.29 3,102,750.00
-30.62
-30.62
428.15 57.00 36,211
428.15
-99.41 556,600.00
-35.97
-35.97 21,900 0.05 -99.21 5,804,797
0.05
-94.99 4,876,350.00
-48.32
-48.32
377.15 68.79 24,242
377.15
-99.48 382,900.00
-27.05
-27.05 21,950 0.05 -99.50 4,268,811
0.05
-94.82 3,179,150.00
-35.18
-35.18
327.40 83.06 277,433
327.40
-99.38 3,543,050.00
-24.08
-24.08 22,000 0.10 -99.33 9,251,173
0.10
-94.29 12,096,050.00
-17.88
-17.88
277.45 104.53 164,246
277.45
-99.59 1,720,350.00
-19.66
-19.66 22,050 0.15 -99.35 6,054,951
0.15
-93.94 3,378,150.00
-38.65
-38.65
228.10 131.81 951,414
228.10
-99.39 4,655,750.00
-33.34
-33.34 22,100 0.20 -99.43 11,050,810
0.20
-94.56 8,029,850.00
-41.54
-41.54
177.50 162.77 1,385,308
177.50
-99.10 2,999,600.00
-41.26
-41.26 22,150 0.25 -99.52 10,835,099
0.25
-93.10 5,452,000.00
-5.28
-5.28
127.45 204.90 4,593,384
127.45
-98.07 6,182,200.00
-29.75
-29.75 22,200 0.15 -99.81 17,026,198
0.15
-89.01 9,508,600.00
72.91
72.91
77.55 227.91 5,387,891
77.55
-96.03 8,126,600.00
101.54
101.54 22,250 0.20 -99.82 16,659,850
0.20
-59.43 8,724,100.00
802.09
802.09
27.75 122.89 13,186,000
27.75
-92.87 16,515,950.00
145.83
145.83 22,300 0.10 -99.93 24,116,178
0.10
-30.17 18,781,550.00
800.97
800.97
0.20 -96.64 16,642,669
0.20
-89.32 14,885,500.00
159.28
159.28 22,350
Spot Price: 22326.90
23.10 -87.88 16,958,416
23.10
193.61 8,585,400.00
4,848.36
4,848.36
0.05 -98.25 25,588,825
0.05
-85.40 13,916,850.00
49.80
49.80 22,400 73.10 -69.12 18,163,012
73.10
202.00 11,991,450.00
1,443.80
1,443.80
0.05 -96.67 25,583,060
0.05
-75.61 9,536,300.00
63.05
63.05 22,450 122.75 -57.02 11,981,415
122.75
1,962.21 6,708,450.00
9,686.21
9,686.21
0.05 -95.00 34,740,829
0.05
-76.70 15,798,500.00
22.92
22.92 22,500 172.55 -48.62 9,873,928
172.55
334.18 5,838,150.00
439.05
439.05
0.05 -92.86 22,259,279
0.05
-55.95 7,256,900.00
119.53
119.53 22,550 223.20 -41.79 1,865,883
223.20
1,347.54 2,276,850.00
6,207.06
6,207.06
0.05 -88.89 17,411,886
0.05
-77.78 16,011,000.00
69.44
69.44 22,600 272.30 -38.73 884,761
272.30
201.50 434,550.00
136.88
136.88
0.05 -88.89 9,010,939
0.05
-61.54 10,833,100.00
211.48
211.48 22,650 322.50 -35.49 130,402
322.50
410.38 103,100.00
519.22
519.22
0.05 -87.50 5,655,432
0.05
-78.29 11,030,550.00
148.15
148.15 22,700 373.00 -30.06 85,113
373.0
-24.48 190,400.00
185.46
185.46
0.05 -85.71 2,021,787
0.05
-70.91 3,180,000.00
175.00
175.00 22,750 423.40 -29.40 10,934
423.40
-1.50 27,850.00
6.10
6.10
0.05 -85.71 1,615,704
0.05
-88.84 4,913,300.00
42.85
42.85 22,800 472.55 -25.38 13,359
472.55
-44.57 41,450.00
16.43
16.43
0.05 -83.33 386,798
0.05
-92.08 913,000.00
23.10
23.10 22,850 521.90 -23.70 2,313
521.90
560.86 18,600.00
24.41
24.41
0.05 -83.33 373,783
0.05
-96.38 1,468,000.00
-19.91
-19.91 22,900 573.70 -22.68 2,726
573.70
-76.90 7,900.00
-49.84
-49.84
0.05 -83.33 228,479
0.05
-88.04 610,900.00
119.00
119.00 22,950 622.35 -21.01 749
622.35
24.83 20,200.00
4.39
4.39
0.05 -85.71 690,921
0.05
-96.05 8,063,650.00
-1.37
-1.37 23,000 674.00 -18.78 13,489
674.0
-94.52 488,600.00
-12.39
-12.39
0.05 -83.33 121,150
0.05
-93.33 375,500.00
-11.91
-11.91 23,050 723.35 -18.34 385
723.35
-84.29 12,250.00
14.49
14.49
0.05 -80.00 85,633
0.05
-97.65 657,300.00
-20.59
-20.59 23,100 773.65 -15.26 502
773.65
43.43 24,450.00
0.00
0.00
0.05 -83.33 44,714
0.05
-95.22 171,250.00
-15.49
-15.49 23,150
0.05 -80.00 107,565
0.05
-96.76 773,650.00
2.87
2.87 23,200 873.00 -13.28 503
873.0
-84.52 10,150.00
-36.56
-36.56
0.05 -83.33 43,611
0.05
-93.92 162,650.00
98.11
98.11 23,250 939.60 -16.35 91
939.60
-77.25 9,250.00
-1.60
-1.60
0.05 -80.00 85,373
0.05
-96.65 465,500.00
7.57
7.57 23,300 972.40 -14.46 25
972.40
-98.00 3,750.00
2.74
2.74
0.05 -83.33 39,659
0.05
-96.29 327,850.00
60.75
60.75 23,350 1,024.95 -6.70 34
1024.95
-94.33 950.00
18.75
18.75
0.05 -85.71 91,074
0.05
-94.96 503,100.00
-31.28
-31.28 23,400 1,073.90 -11.10 76
1073.90
-94.93 3,450.00
64.29
64.29
0.10 -66.67 64,299
0.10
-95.08 869,500.00
610.67
610.67 23,450
0.05 -80.00 228,259
0.05
-96.42 2,015,800.00
-39.23
-39.23 23,500 1,174.55 -12.54 4,184
1174.55
-94.33 265,350.00
-1.83
-1.83
0.10 -60.00 30,725
0.10
-97.19 63,400.00
-54.55
-54.55 23,550 1,125.85 -23.26 5
1125.85
-98.89 800.00
0.00
0.00
0.05 -80.00 30,134
0.05
-97.14 148,600.00
35.65
35.65 23,600 1,300.20 -16.29 79
1300.20
-68.40 1,850.00
640.00
640.00
0.05 -80.00 22,030
0.05
-89.85 42,900.00
47.42
47.42 23,650
0.05 -75.00 19,998
0.05
-93.82 123,250.00
-17.39
-17.39 23,700
0.05 -80.00 12,296
0.05
-59.82 42,600.00
31.68
31.68 23,750 1,377.70 -12.53 15
1377.70
-70.00 200.00
100.00
100.00
0.05 -80.00 16,437
0.05
-91.95 110,500.00
-2.43
-2.43 23,800 1,512.05 -6.20 33
1512.05
-94.50 1,450.00
52.63
52.63
0.10 -60.00 4,272
0.10
-95.34 26,150.00
-17.38
-17.38 23,850
0.05 -83.33 4,100
0.05
-98.41 41,600.00
-17.71
-17.71 23,900
0.05 -80.00 2,606
0.05
-97.23 21,450.00
-26.16
-26.16 23,950
0.05 -85.71 103,186
0.05
-97.94 2,864,900.00
-33.09
-33.09 24,000 1,675.20 -8.81 5,170
1675.20
-96.78 320,200.00
-29.14
-29.14
0.05 -85.71 8,462
0.05
-87.59 12,050.00
-20.72
-20.72 24,050
0.05 -83.33 19,345
0.05
-86.29 61,250.00
43.61
43.61 24,100
0.05 -85.71 3,307
0.05
-98.21 30,450.00
-14.71
-14.71 24,150

Blogs

 The National Stock Exchange (NSE) Nifty and the Bombay Stock Exchange (BSE) Sensex are two prominent stock market indices in India, playing a crucial role in reflecting the overall health and performance of the Indian equity market. These indices serve as barometers of the country's economic and financial well-being, influencing investor sentiment and decision-making. In this blog, we will delve into the intricacies of NSE Nifty and BSE Sensex, exploring their significance, calculation methodologies, and the factors that influence their movements.

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Chart patterns play a pivotal role in the world of technical analysis for traders and investors. They provide insights into potential price movements, offering invaluable guidance. One such set of patterns is the "Wedges," encompassing the "Rising Wedge" and the "Falling Wedge." In this blog, we will explore these patterns in detail, using real-life examples from the Indian stock market to illustrate their significance.

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In the world of stock trading, technical analysis plays a crucial role in helping traders make informed decisions. Chart patterns are an integral part of technical analysis, and among them, the ascending and descending triangles are two significant formations. In this blog, we will explore these triangle patterns in depth, using real-life examples from the Indian stock market to illustrate their relevance.

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FII STATISTICS

Reporting Date Buy Amt Sell Amt Net Amt OI Value
Reporting Date March 26, 2024 9,259.75 10,140.79 -881.04 19,993.82
Reporting Date March 22, 2024 7,611.91 6,179.09 1,432.82 21,154.96
Reporting Date March 21, 2024 5,472.83 5,029.77 443.06 23,596.92
Reporting Date March 20, 2024 5,518.81 6,446.53 -927.72 22,452.49
Reporting Date March 19, 2024 4,473.43 6,616.32 -2,142.89 21,722.40

Most Active Contracts

  • Index
  • Stock
Company Name LTP() Volume Prev Close() OI
BANKNIFTY-28-MAR-24 46,613.35 196,473.00 46,222.95 2,440,710.00
NIFTY-28-MAR-24 22,327.05 163,349.00 22,167.05 6,618,000.00
Company Name LTP() Volume Prev Close() OI
BANKNIFTY-28-MAR-24 46,613.35 196,473.00 46,222.95 2,440,710.00
NIFTY-28-MAR-24 22,327.05 163,349.00 22,167.05 6,618,000.00

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Derivative Market News

The Nifty April 2024 futures closed at 22,464.95, a premium of 138.05 points compared with...

Mar 28, 2024 16:17

The Nifty March 2024 futures closed at 22,194, a premium of 70.35 points compared with the...

Mar 27, 2024 16:25

The Nifty March 2024 futures closed at 22,095, a premium of 90.3 points compared with the ...

Mar 26, 2024 16:17

The Nifty March 2024 futures closed at 22,155, a premium of 58.25 points compared with the...

Mar 22, 2024 16:24

The Nifty March 2024 futures closed at 22,118.90, a premium of 106.95 points compared...

Mar 21, 2024 16:09

The Nifty March 2024 futures closed at 21,919, a premium of 79.9 points compared with...

Mar 20, 2024 16:24

FAQs of Futures & Options Trading

A derivative is a financial contract whose value is derived from an underlying asset. These could range from equities and bonds to indices and currencies. Two or more parties can trade derivatives either on exchanges or over the counter. 

Futures are derivative contracts where two parties – a buyer and a seller – agree to trade a particular quantity of an underlying asset at a specific price on a particular date in the future. The contract is binding and has to be executed upon expiry. Futures are usually standardized contracts traded on exchanges, just like stocks. 

Options are derivative contracts between two parties where the buyer has the right but no obligation to buy or sell the underlying asset at a specific price on a specified day in the future. The seller, however, has an obligation to execute the contract should the buyer choose to exercise their right. 

 

The price at which the contract is entered is called the strike price. The buyer also pays a premium to the seller to buy the right to exercise the contract if the market conditions are favourable. This is the compensation paid to the seller to assume the risk of the contract. Another concept to know about in Options trading is the lot size. Every contract has a fixed number of underlying asset units in it. Options are traded based on their lot size. 

Futures are derivative contracts created on an underlying asset at a specific price on a specified future date. Both the buyer and seller have to honour the contract on expiration. On the other hand, options give the buyer the right, but not the obligation, to buy or sell a certain underlying at a specific price on a specified date in future. The buyer can choose whether or not they want to exercise the right. The seller has an obligation to honor the contract. This is the primary difference between the two derivatives. 

Additionally, futures require a higher margin requirement than options. The risks of trading in futures is also higher than options because of the unlimited losses they are exposed to.

Futures contracts are standardized derivative contracts between two parties where they are obligated to buy or sell an underlying asset at a particular price on a specified day in future. Futures are traded on exchanges, just like stocks. To trade in futures, you need to have a broking account with a verified brokerage in the country. Once you have the broking account, you can begin trading in futures.

The biggest advantages of futures contracts are:

  • They are standardized contracts that are traded on exchanges. 
  • Due to this, they have high liquidity. 
  • They have stable margin requirements that are known in advance. 
  • When it comes to options, the value of the contract declines over time. This is called the time decay of money. Since futures contracts are fixed in advance, there is no time decay to worry about. 
  • Futures can be used to hedge against price risks. 
  • Futures contracts are standardized derivatives contracts that can be traded on exchanges. 
  • They are available on several underlying assets such as stocks, indices, commodities, currencies, fixed income instruments, etc. 
  • You need to deposit a margin amount to trade in futures. 
  • Futures contracts have high liquidity. 
  • They can be used to hedge against price risks.

All futures contracts are settled in cash. The closing price of a Futures contract is the final settlement price. 

Buying options is similar to buying equities. All you need is a broking account with a registered member of the National Stock Exchange or the Bombay Stock Exchange. Once you open a broking account with a verified broker, you can begin trading in Options. ICICIDirect offers broking accounts using which you can trade in derivatives of any kind. 
Call options are derivative contracts that give the buyer the right, but not the obligation, to buy a specific asset at a specific price at a specific date in the future. The seller has an obligation to sell the underlying if the buyer chooses to exercise their call option. Call option buyers benefit if the price of the underlying goes up on the expiration of the contract. 
The put option is a derivative contract that allows the buyer to sell an underlying asset at a predetermined price at a specific date in the future, but not the obligation to do so. The seller has an obligation to buy the underlying if the buyer exercises their put option. Put option buyers benefit if the price of the underlying falls on the expiration of the contract. 
Options trading works just like stocks trading does. Options contracts can be bought and sold on exchanges. There are four positions you can take with options:
  • Buy call options
  • Sell call options
  • Buy put options
  • Sell put options

Call and put buyers have the right but not the obligation to buy or sell the underlying. The risks of buying call and put options are limited to the premium paid. However, call and put sellers have an obligation to honour the contract. The premium is the compensation they get for assuming the risk

The strike price is when an options contract is agreed to be executed. If the buyer of the option decides to execute the contract, then this is the price at which it will be settled. 
The strike price of options is determined based on the underlying asset’s price. The profitability of an options contract depends on the strike price, the premium paid, the time until expiration of the contract and value fluctuation of the underlying. 
An American Options contract can be exercised on or before the expiration date. European Options can be exercised only on the expiration date. 
These are two distinct Options strategies. If the trader holds the underlying asset when entering the contract, it is called a Covered Options strategy. If the trader does not hold the underlying asset, it is called a Naked Options strategy. 

Trading on Indian stock exchanges takes place on all weekdays, except on Saturdays, Sundays and other holidays announced by the exchanges. There are different timings applicable to the different segments. They are as follows:

  • Equity and derivatives (Futures & Options) - 9:15 to 3:30 pm normal trading session
  • Currency Derivatives - 9:00 am to 5:00 pm
  • Agri-commodities - 9:00 am to 5:00 pm
  • Other commodities (bullion, metals, energy) - 9:00 am to 11:30 pm (up to 11:55 pm between November and March)