Call & Put Contracts @ Nifty 9000?

Why would anyone want to make Calls & Put contracts for Nifty @ 9000 (Ref to NSE-Options-Chain) given that contracts dont roll over automatically and one has to exit and re-enter the contract (with additional brokerage and expenses etc). Is this because of those automated strategies by FII's?

1 Like

NSE has something called as a “Stock option strike scheme” based on which the strikes are decided, and its got nothing to do with FIIs.

http://www.nseindia.com/products/content/derivatives/equities/fo.htm —> Click on the stock option strike scheme to know more about it.

2 Likes