Nifty futures vs nifty spot

What is the significance of Index futures in options trading (what affects more an option is it spot price or future price)??

#AMA

The short answer is futures. You can read more at this link - Option Maths and Markets - Sensibull Docs

Note that like any other math approximation the option pricing formula also comes with a certain amount of uncertainty. Also there are a few formulas around.

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