Options Fundamentals
1. Options Trading Kya Hai?
Options ek contract hai jo aapko ek fixed price (Strike Price) par ek date (Expiry Date) tak share khareedne ya bechne ka adhikaar (right) deta hai, par majboori (obligation) nahi.
2. Call Option Kya Hai?
Jab aapko lagta hai market upar (bullish) jayega, tab aap Call option khareedte hain. Isme aapko share saste me khareedne ka adhikaar milta hai.
3. Put Option Kya Hai?
Jab aapko lagta hai market neeche (bearish) jayega, tab aap Put option khareedte hain. Isme aapko share mehnge me bechne ka adhikaar milta hai.
4. Strike Price Kya Hai?
Strike Price wo pahle se fix kiya gaya price hai jispar aap option contract ko aage chalkar exercise karenge (khareedenge ya bechenge).
5. ITM, ATM, OTM
ITM (In The Money) matlab profitable range. ATM (At The Money) matlab current market price aur strike price same hai. OTM (Out of The Money) matlab abhi aap loss range me hain.
6. Option Greeks (Delta, Theta, Vega)
Delta: Market badalne par premium kitna badlega. Theta: Time beetne ke sath premium kitna girega (Time Decay). Vega: Volatility (halchal) ka premium par asar.
Popular Strategies
Long Call
Sirf Call option khareedna. Ye tab use hota hai jab aap market ko lekar bahut zyada bullish (positive) hote hain. Risk sirf premium tak hota hai.
Long Put
Sirf Put option khareedna. Jab market tezi se girne wala ho, tab ye faaydemand hota hai. Ise market crash me use karte hain.
Bull Call Spread
Ek lower strike ki Call buy karna aur higher strike ki Call sell karna. Ye kam risk aur limited profit wali bullish strategy hai.