Equity derivatives can be classified into two,futures and option.
Spot market is where commodities and securities are traded for an immediate settlement
It is a contract for shares bought at agreed price and delivered at a specified time in future.
Call option is the right to buy the stocks without any obligation.
Put option is the right to sell the stock without any obligation.
In India there is only cash settlement.
, , Futures and Options, call, Cash Settlement, Future, Margin, Option, premium, put, REFUNDABLE AMOUNT
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