NISM Professor

Options in Goods

A named head of the securities definition, expressly included so that options devolving into direct delivery of a physical commodity could be launched as exchange-traded products.

This one is not written up yet

The definition above is the short version. A full explanation — how it works, a worked example and the exam traps — is still being written. In the meantime the chapter below covers it in context.

Where this is taught

Free preparation for NISM Series XVI
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