Options Trading

What is Options Trading at ICICIDirect. com?

As a customer of ICICIdirect now, you can trade on index and stock options on NSE. It comes with a comprehensive tracking cum risk management solution to give you enhanced leveraging on your trading limits. In options trading, you take buy/sell positions in index or stock(s) contracts expiring in different months with various Strike Price. If, during the course of the contract life, the price moves in your favor, you make a profit. In case the price movement is adverse, you incur a loss. To take the buy/sell position on index/stock options, you have to place certain % of order value as margin. With options trading, you can leverage on your trading limit by taking buy/sell positions much more than what you could have taken in cash segment. However, the risk profile of your transactions goes up.