Apart from the current structure (Current Month, Next Month and Far Month) there will be options maturing every Quarter (March, June, September, December). The next three quarters will be covered.
Add to this half yearlies (Jun, Dec) for the next five semis.
Nothing else is different really - lot size, ranges etc. are the same. For the quarterlies, strike prices are 8-1-8 instead of the 6-1-6 of other options. (8 strikes out of the money, 1 at the money, and 8 strikes in the money).
There has been low liquidity in the far month, even with Nifty options. But with more players coming in, there should be a lot more in this field going forward.
4 comments:
Hey Deepak,
Do you know if long term nifty options have been discontinued. ICICIdirect seems to have discontinued long term option trading and I wonder why. Are you aware of any brokers who might be offering long term options.
Hi Deepak,
I could not see any answer to this. I am interested to buy Long term options on the NIFTY. Do you know any broker who offer LEAPS on the NIFTY?
Saurabh
Ranjit, Saurabh: I think Sharekhan still does, and many offline brokers do....
Don't Buy Options on Index, options decay with time. Selling index options is good way to make money.
Post a Comment
(No spam or trolls please, such comments will be deleted)