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Options Trading

Master options trading from the basics to advanced strategies. Learn how to trade calls, puts, and multi-leg strategies on NSE.

What Is Options Trading?

Options are derivative contracts that give the buyer the right (but not the obligation) to buy or sell an underlying asset at a predetermined price before a specific date. On NSE, options are available on indices like Nifty 50 and Bank Nifty, as well as individual stocks. Options allow traders to hedge risk, generate income, and speculate on price movements with defined risk. Explore each topic below to build your options knowledge from the ground up.

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Option Basics
Understand calls, puts, strike price, expiry, premium, and how options work on NSE
  • Calls give right to buy
  • Puts give right to sell
  • Premium is the cost
Learn Option Basics →
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Option Pricing
Learn how options are priced — intrinsic value, time value, and factors affecting premium
  • Intrinsic + Time Value
  • IV drives premium
  • Moneyness matters
Learn Option Pricing →
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Option Chain & OI
Master reading option chains, open interest, PCR ratio, and max pain theory
  • OI shows market positioning
  • PCR signals sentiment
  • Max Pain attracts expiry
Learn Option Chain →
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Covered Call
Generate income on stocks you own by selling call options against your holdings
  • Low risk income strategy
  • Caps upside gain
  • Best in sideways market
Learn Covered Call →
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Protective Put
Insure your portfolio against crashes by buying put options on your holdings
  • Works like insurance
  • Limits downside loss
  • Costs premium
Learn Protective Put →
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Bull Call Spread
A defined-risk bullish strategy using two call options at different strikes
  • Limited risk & reward
  • Lower cost than naked call
  • Net debit strategy
Learn Bull Call Spread →
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Bear Put Spread
A defined-risk bearish strategy using two put options at different strikes
  • Profit from decline
  • Lower cost than naked put
  • Net debit strategy
Learn Bear Put Spread →
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Iron Condor
Profit from low volatility by selling both call and put spreads simultaneously
  • Non-directional strategy
  • Profits from time decay
  • 4-leg strategy
Learn Iron Condor →
Straddle & Strangle
Profit from big moves in either direction — perfect before earnings or events
  • Profits from volatility
  • Direction doesn't matter
  • Best before events
Learn Straddle & Strangle →

Ready to Start Your Trading Journey?

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