Originally Posted by InvestorB
I see dates up to 2015. Can we trade options of shares so far into the future?
So here, say I want to buy Nifty call option at 5750. I cannot do that because strike prices are in 100 increments. So I have to buy option for 5700 or 5800 only. Is that sharekhan rule? Is this rule for all stocks?
options for the 3 closest expiries, the following long-term options are available for Nifty
Next 3 quarterly expiries.
Besides January, February, March series, currently, you can trade options with expiry in June 2011, September 2011 and December 2011.
Next 8 half-yearly expiries.
Currently, you can trade June 2012, December 2012, June 2013, December 2013, June 2014, December 2014, June 2015, December 2015 series.
Thus total available series for Nifty
= 3 + 3 + 8 = 14.
For stocks, only nearest 3 series are available.
For indices whose value is above 2000, strike prices in multiples of 100 are only available.
NSE - F&O - S&P CNX Nifty Options