Spot/cash market is where intrday trade happens.contract traded in strike price. Traders have to maintain margin with exchange.in options buyer has no obligation. Buyer gets right to buy/sell and seller signs it for premium in option.in futures both gets their right and settlement happens even if one approach the exchange. Only margin needed to be paid by traders even they can trade nifty in f and o.
DINESH KUMAR, , Futures and Options, Futures, Margin, Margin / MTM / Premium / Strike Price / Expiry Date / lot size, options