Options ke shabd: premium, strike, lot size aur open interest.

Options ki vocabulary mein 3 alag cheezein hain jo aksar ek jaisi lag jaati hain: quoted premium, lot size jo quantity hai, aur index ka apna level. Yeh 3 alag paimane par khade hain, aur in 3 ko saath rakhe bina koi bhi number poora nahi hota.

Pehle pehchanein ki number kya batata hai: quoted premium, ek lot ki rakam, ya poori position ka total. Yeh 3 alag rakam hain. Lot size aur lots ki ginti se quote ka total nikalein.

Option contract ka quoted price premium hai. 80 rupaye ka premium aur 25 ki quantity ho toh gross premium 2,000 rupaye hai.

Yeh kya nahi batata: premium underlying ka level nahi hai. Time, volatility, strike ka rishta aur liquidity expiry se pehle uski price ko badalte hain. Sasta dikhta premium apne aap kam risk nahi hai.

Poore contract ka premium nikalne ke liye quoted price ko lot size se guna karein. Quantity chhoot jaaye toh rakam galat hogi.

Woh price jis par contract ke terms lagte hain. Strike aur underlying ka rishta hi tay karta hai ki option ke premium ka kitna hissa intrinsic hai.

Yeh kya nahi batata: strike cross ho jaana profit nahi hai. Diya gaya premium recover hona chahiye, aur uske upar charges bhi lagti hain.

Ek contract mein underlying ki kitni units hain. Quote ko is multiplier se guna karke ek contract ki rakam milti hai.

Yeh kya nahi batata: lot size margin nahi hai, aur underlying ke move ka profit multiplier bhi nahi. Aur woh revise hota rehta hai — naya size aksar aage ke contracts se lagta hai.

Chune hue contract ki outstanding khuli positions ka count. Agar 100 contracts outstanding hain toh OI 100 hai — 200 nahi, sirf isliye ki har contract mein buyer aur seller dono hain.

Yeh kya nahi batata: OI participant ki niyat ya ownership nahi dikhata. Expiry, strike aur aggregation ka basis matter karte hain, aur near-expiry OI girna poore market ka exposure girna nahi hai.

Aur OI ko akela padhna aasan hai lekin usse poori tasveer kabhi nahi milti. Use daam ke badlav, us din ke volume aur baaki chain ke saath rakhna padta hai, warna ek hi number se 2 bilkul ulti kahaniyan bani ja sakti hain.

Maujuda short exposure ko band ya kam karne ke process ko short covering kaha jaata hai. Price upar aur chune hue contract ka OI neeche — is pattern ko is context mein discuss kiya jaata hai.

Yeh kya nahi batata: aggregate pattern se kisi khaas participant ka action prove nahi hota. Rollover, spread adjustments aur mixed positioning usi tasveer ko complex bana dete hain.

Execute ho chuke transactions ke funds aur securities ki obligations poori karne ka process. Applicable product aur calendar ke rules lagte hain.

Yeh kya nahi batata: execution, settlement, broker ka withdrawable balance aur bank mein paisa aana — 4 alag events ho sakte hain. Ek generic cycle ko har instrument aur account par guarantee mat maaniye.

Kaunsa cycle lagta hai, yeh product aur us saal ke calendar par tika hai, aur woh exchange aur clearing corporation ke apne documents se aata hai. Beech mein chhuttiyan aa jayein toh wahi cycle alag din par khatam hota hai.

Inme se koi bhi shabd yeh nahi batata ki daam kis taraf jayega. Premium, strike, lot size aur open interest 4 alag cheezein naapte hain, aur yeh 4 'abhi kya khada hai' ka jawab hain. 'Aage kya hoga' ka jawab inme se kisi ke paas nahi hai.

Aur aggregate numbers se kisi ek participant ka iraada kabhi prove nahi hota. Ek hi ginti ke peechhe hedging bhi ho sakti hai, rollover bhi, aur kisi spread ki ek leg bhi. Alag-alag maqsad data mein bilkul ek jaise dikhte hain, aur exchange unhe alag karke nahi deta.