: help@tradejini.com : +91-80-40204020            Call-n-Trade : +91-80-26086600

Where can I find the “Banned symbols”?

Login to Nest Trader → under “Surveillance” tab → click “F&O Banned Symbol”. It is updated on a daily basis. Alternatively, you can download the FNO Banned Symbols list which is updated on a daily...

Why the scripts get banned?

Any script trading in Futures N Options segment will have a Market wide position limit (which indicates the maximum open positions a script can have). The scripts will be banned only when the open interest (which indicates the total number of open contracts that a script currently has) reaches 95% of the Market wide position limit. Once the scripts get banned, clients shall be allowed to trade in these contracts only to close their positions. Once the positions are decreased and the open interest comes down to 80% of the Market wide position limit then the trading shall resume for such...

What is “Do not exercise” for In The Money Option Contract?

Earlier, all open ‘In-the-money’ options contracts were automatically exercised and cash settled after end of Trading session on expiry day thereby attracting securities transaction tax (STT) of 0.125 per cent but now NSE has introduced a process wherein a broker can opt to instruct the exchange to “Do not exercise” close-to-the-money Option Contract wherein the applicable STT is more than the premium receivable on exchange exercise. Accordingly, with a view to safeguarding clients from unwanted debits due to Excessive STT - we have opted for “Do not exercise” for all open option positions if the premium is less than STT. Other all option contract will automatically be exercised and cash settled as per the current...

Do all scripts have derivative contracts?

No, not all stocks have derivative contracts. The National Stock Exchange (NSE) has a criteria which stocks need to fulfill in order to enable derivatives on them. The number of eligible stocks are around 200 from 1500+ stocks listed on...

What is Premium in Options?

Premium is the value of the contract. It represents the current amount at which a contract can be bought or sold. A buyer pays the premium to the seller for having the privilege to exercise the contract on his/her choice within the contract period. A seller receives the premium from the buyer for having to fulfill the contract obligation till the expiry of the...