Salient Features:

Market Lot

As seen earlier in Futures, option contracts are standardised products as far as minimum value, market lot, expiry dates etc are concerned. Like Futures contracts, the minimum value per contract has been fixed at Rs.2 lakhs as recommended by SEBI and the market lots are designed so as to maintain the above stated minimum value. Hence, option contracts on Nifty are available in the lots of 200 units and its multiples while the Sensex is being traded in 50 units lots.
As far as stocks options are concerned, market lo

t differs from scrip to scrip and this is decided so as to ensure the minimum value of Rs.2 lakhs per contract.