Hella confused with option trading in US market

Trading
1

I am an Indian tax resident and I am looking to trade US stock options. However, there is no clarity on whether Indian residents are actually allowed to trade in US stock options. I spoke to one of the brokers that provides this facility, and this is what they stated regarding it.

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also found an RBI notification, last updated in Feb 2019, which mentions that derivative undertakings are allowed:
https://m.rbi.org.in//Scripts/BS_FemaNotifications.aspx?Id=155#sch1

So, are Indian tax residents actually allowed to trade US stock options or not? And is there any official source or authority from which I can get a definitive answer on this matter?

2

The ambiguity is probably on purpose.

One possible explanation is it is not permitted under LRS, but permitted outside of it nonetheless.

3

what do you mean by not permitted under LRS and permitted outside

4

Excerpts from AI:

The Foreign Exchange Management Act (FEMA) governs all foreign exchange transactions in India, while the Liberalised Remittance Scheme (LRS) is a specific provision under FEMA that allows residents to remit up to USD 250,000 per financial year for certain permissible transactions. Transactions outside the LRS may require prior approval from the Reserve Bank of India (RBI)
For transactions that exceed the LRS limit or are not covered under it, individuals must seek prior approval from the RBI. These may include

Direct investments in foreign businesses
Transfers for real estate purchases
Any other capital account transactions not permitted under LRS