Frequently Asked Questions
How much money do I need to start?
You only need 4000 rupees in your trading account to buy premium. We teach defined risk premium buying strategies for people with smaller accounts where you can choose your risk and your capital requirement of each trade through strategic strike selection.
What is an Option?
- An option is a contract to buy/sell a stock (underlyer).
- Contract defines a fixed price at which stocks could be traded. This is called strike price.
- Contract has a maturity date which is the date till the contract is valid.
- The seller (called option writer) sells the contract to Buyer.
- Buyer pays the price of the contract called premium to seller.
- Buyer has the right, but not the obligation to buy/sell the stock(underlyer) at a fixed price (strike price).
- The contract also obligates the seller or writer to meet the terms of delivery if the contract right is exercised by the contract buyer.
What are the payment options available?
Currently, We have integrated payment gateway on our website. You can pay via google TEZ app, to UPI ID: kanchagar71192@okicici
Can I trade options on any listed stocks/Index?
You can only trade options on a fixed number of underlyers (stocks , Index etc). This list is maintained by exchanges and updated from time to time. In NSE website www.nseindia.com you can get the list under FnO section.
What is the difference between Futures and Options?
The main difference between options and futures is described below: Options contract gives the buyer the right, but not the obligation to buy (or sell) the underlying asset (stock, Index etc) at a specified price at any time during the life of the contract On the other hand futures contract gives the buyer the obligation to buy underlying asset (index, stock etc) at a specified price at any time during the life of the contract