Professional Documents
Culture Documents
1
Applicable to:
Table: Contract specification: Stock options
Underlying
Individual securities available
for trading in cash market
Exchange of trading National Stock Exchange of India Limited
Security descriptor
OPTSTK.
Style of option
European
Strike price interval
As specified by the exchange
Contract size
As specified by the exchange (minimum value of
Rs.2 lakh)
Price steps
Re. 0.05
Price bands
Not applicable
Trading cycle
The options contracts will have a maximum of
three month trading cycle - the near month
(one), the next month (two) and the far month
(three). New contract will be introduced on the
next trading day following the expiry of near
month contract.
Expiry day
Settlement basis
Daily settlement
priceFinal settlement
price
Settlement day