Nifty Bank Futures
Future
24 Nov 2024
Spot
24 Nov 2024
Nifty Bank OI Chart ()
Call
Put
Call
Put
Nifty Bank Option Chain ()
Calls
Puts
| Open Interest | Volume | IV | Premium | Strike | Premium | IV | Volume | Open Interest |
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Nifty Bank Future & Option FAQ's
Both futures and options contracts with Bank Nifty as the underlying asset are available for trading in the Indian market. Traders can choose to trade in either of these two derivative contracts based on their investment capital, risk tolerance level, and market outlook.
Yes. You can buy and sell Bank Nifty options contracts on the same day. If you intend to square off your position on the same day, you can place an intraday order on your trading platform. However, it is important to note that trades marked as ‘intraday’ must be squared off by 3:20 PM. Otherwise, your positions will be automatically squared off by your broker, and an auto-square-off charge may be levied.
To trade in Bank Nifty F&O, you must first open a trading and demat account with a stockbroker. Once your account is opened, log into the broker’s trading portal and transfer funds into your account.
Then, select the Bank Nifty future or option contract you wish to trade in. Place a buy or sell order for the respective quantity after ensuring that you have adequate funds to cover the margin requirements. Monitor your position and square it off once you achieve the desired level of profit.
Yes, you can hold Bank Nifty options for two days or even longer. In fact, you can hold your options positions up to the contract expiration date. However, you must note that holding option contracts beyond one day can lead to overnight risk, volatility risk, and even a loss in the premium due to time decay.
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