Trade with knowledge and discipline.
futures contract gives you the right to buy or sell shares at a specific price in the future. Futures and options are sold in lots.
options give you the right to buy (through a Call option) or sell (through a Put option) a share at a future date. But you are not under any obligation to do so.
Calls: When you buy a Call, you are buying shares of the underlying scrip at a specified price. If the share price goes up, the value of the Call also rises.
Puts: Buying a Put option means you are selling the shares at a specified price. If the price of the underlying security falls, the value of the Put rises.Options are available for stocks and indices at price intervals called the strike price.