1. Deferred delivery contracts.
2. Give the buyer a right but not the obligation.
3. Obligation for the writer / seller but not the righter.
4. A specified underlying at a set price to buy or sell on or before a specified date.

1. Call Option : Option to buy (+).
2. Put Option : Option to sell (-).
3. American Option : Can be excercised any time on or before the expiration date.
4. European Option : Can be excercised only on the expiration date.

1. Strike Price or exercise price.
2. Expiration date.
3. Exercise date.
4. Option Permium : Intrinsic value, Time value
   (i) in the money, (ii) at the money, (iii) out of the money.

1. Intrinsic Value : Difference between excercise price and spot price.
2. Cannot be negative for a call option (+) or put option (+).
3. Time value : Amount buyers are willing to pay for the possibility that, at some time prior to expiration, the option may become profitable.
4. Option premium :
   (i) In the money : Option with intrinsic value,
   (ii) At-the-money : Excercise Price - Market price.
   (iii) Out of the money : No intrinsic value - some time value possible.

1. Trader's right : Buy underlying at strike price.
2. Trader's obligations : Nil.
3. Premium paid or received : Paid.
4. Margin requirement : Nil.
5. Risk profile : Limited, to the extent of the premium paid.
6. Profit potential : Unlimited, if the price go up.
7. Breakeven Point : Strike price + Premium

1. Trader's rights : Nil.
2. Trader's Obligations : Sell underlying at strike price.
3. Premium paid or received : Received
4. Margin requirements : Yes.
5. Risk Profile : Unlimited, if prices go up.
6. Profit potential : Limited, to the extent of the premium received.
7. Breakeven point : Strike Price + Premium.

1. Trader's right : Sell underlying at strike price.
2. Trader's obligations : Nil.
3. Premium paid or received : Paid.
4. Margin requirement : Nil.
5. Risk profile : Limited*, to the extent of the premium paid.
6. Profit potential : Unlimited, if the price go down.
7. Breakeven Point : Strike price - Premium
8. Practically, Put option buyer's profit is limited as the price of the asset can not go below zero.

1. Trader's rights : Nil
2. Trader's Obligations : Buy underlying at strike price.
3. Premium paid or received : Received
4. Margin requirements : Yes
5. Risk Profile : Unlimited, if prices go down.
6. Profit potential : Limited, to the extent of the premium received.
7. Breakeven point : Strike Price - Premium.
8. Practically, Put option seller's risk is limited as the price of the asset can not go below zero.

We take few seconds to hurt someone,But sometimes we take years t say sorry.

Want to win the world? Don`t go anywhere!Just sit down & win your mind,the creator of our world!If you won your mind,u won our world.

Even the most powerful man is weaker in frount of most satisfied person in the world.

To be most successful in life,Always forget the problems that we faced in life,But never forget the lessons that those problems tought us...!

• Intelligent & respetful people always have attitude of fact findings.
• Wisdom Comes with age,but sometimes age comes alone.
• "I am thankful to all those who said `NO`it`s because ofthen i did it myself" Einstein.
• "Your pain may give laugh to somebody but your laugh should not give pain to anoybody" Charlie Cheplin.
• "Our true character is most accurately measured by how we treat those who can do nothing for us".
• Logoko itni jaldi maaf kar diya karo,jitni jaldi aap ishwer se maafiki umeed rakhte ho!
• People are made to be loved & money is made to be used. The confusion in the world is people are being used & Money is being loved.
• Silence is often misinterpreted,but never misquated.
• Kyarek KUMBHAR pan man maa hasto hashe ke Maatla neTAKORAmari ne chakastoMANAVpote kem atlo jaldi TUTI Jato hashe.!
• Affection is not measured when both take care of each other,It is measured when one ignores & the other still continue to care."
• People respect u not for the knowledge but for the way u use your knoeledge.
• Either writesomething worth reading...or Do somehting worth Writing...!
• P(patience) with familyis LOVE,P with others is Respect,P withself is Confidence,and P with GOD is Faith.
• In every game only the Audience makes NOISE,Not the PLAYER.
• Learn in Life is the Habit of COMPROMISE Bcoz Its better to bend a little,Than to break A Loving Relatiobship.
• Most of the problems of life are Due to the Tone of our voice Its Not what we say Its how we say That creates problems.
• "I Trust you Blindly but never prove me BLIND".
• Happiness may give temporary satisfaction,satisfaction gives permanent happiness.
• Going To LEARN Is Better than Going to EARN.
• Life is not about what coudn`t do so far... ITS WHAT WE STILL CAN DO!
• Missing someone when u r aloneis not affection, but thinking of someone even when u r busy is called real relation...
• " the only real mistake is the one from which we learn nothing".
• Don`t go through life grow through life.
• Possibility or impossibility doesn`t depend on The size of our goal,But on the size of our faith...
• Peace doesn`t require 2 people:It reqire only 1.It has to be you. The problem begins and ends there.
• Love me or hate me, because both r in my favour.If u love me I am in your Heart & if u Hate me I am in your Mind.
• Risk is my life,Possible is my hope,impossible is my enemy dangerous is my game,come with me, my name is Success.
• Most important time to hold your temperis...When other person has lost it...
• Faults are Thin ..When relationship is Thick...!
• Truth is simple,but the moment you try to explain ot, it becomes difficult.
• Struggle comes from not accepting what is present .
• Insaan itna kamjor hai ki Chhoti chhoti chijo se dar jata hai aur Bhagwan se bhi nahi darta.
• Risk is my life,possible is my Hope,Impossible is my enemy,Dangerous is my Game,Come with me, My name is Success.
• For the healthy relationship of two,the pationce of one is required...!
• ather than impress Expressing Evokes A "Me Too"attitude.While impressing EvokesA "So What" Attitude. Feel a Defference.
• Good nature is worth more than knowledge, more than money,more than honour.
• Sharing problems & asking for help dosen`t mean that we are weak or incompetent... It usually indicates an advance level of Trust.
• When you lalk you are only repeating what you already know...But when you listen,you may learn something new..."
• We are very good Lawyer for OURSELVES... And..,Very good Judge for OTHERS...!
• It`s better to loose our ego to the one we love...than to loose the one we love b`coz of ego...!
• Problems of life:We act without thinkig & we keep on thinking without acting.
• Prayers & Seeds are similar in nature,Both have the potential of creating everything.
• "Our'NATURE is our FUTURE..."
• Be Silent 1)When someone cant u`stand ur fillings from ur words,2)When some1 can u`stand you without any words..!
• Kagaz apni kismat se udata hai lekin Patang apni qabiliyat se...!
• Sometimes we feel all doors are closedin our life..But,all the closed doors may not be locked...They may be waiting for your Knock.
• Life is like a coin,Pleasure & pain are the 2 sides,only 1 side is visible at a time,remember other side is also waiting for its turn.
• The best person in your life is one who is the first one to come in your mind when you want to share something.
• "If life were a bed of roses our backbones would become weak."
• Happiness cannot be owned,earned,worn or consumed.Happiness is the spiritual experience of living every miniute with love grace & gratitude.
• Our daily life is our temple & religion.when we enter into it We must be totally present there.
• Values are the principles for which men live & die.Values without commitment are useless.
• Past= No one is perfect, Future=Everyone can change...!!!
• Confusion between your heart & mind,dont listen to ur mind bcoz mind knows everything but ur heart knows only YOU.
• Worries r like a bird,do not give them a chance to build nest on ur head...!
• We can be knoeledgeable with other men`s knowledge but we cannot bewise with other men`s wisdom.
• I have never seen a smiling face that was not beautiful...people do not lack strength,they lack will to smile...!
• "Never try to DEFEAT people,just try to win them"
• Every new Mcdonalds creates 40 jobs...20 Dentists & 20 Heart Surgeons...!R U Loving it....???
• Never Think hard about Past,it bring tears,Don`t think more @ Future,it brings fears, Live this moment with Smile,it brings Cheers..!
• We are using all our energy to wear the Right MASK~to show what we are not instead we must,use it to find our real SELF.
• Ur mind is a garden.Ur thoughts are its seeds.Ur harvest will be either flowers or weeds.It depends on what u sow...!
• QSHO Whatsoever is your inside is going to be your destiny.If the inner is full of light,the whole existence is full of light.
• Faith is like backup generator.It gives us power when everything else fails to do so..Have faith u always reach ur goals.
• What is the basic reason for every Misunderstanding? The reason is,we sea the people as we are,not as they are...
• Be selective in your battles,Don`t make every problem a war...
• The secreat of success in any relationship lies in turning one alphabate upside down, ME to be turn into WE...
• Life will become really easier when we finally understand... Which hand is to Shake and which is to hold...!
• Impossible Mostly Not a fact....It`s an opinion.
• Husband makes a mistake... Wife scolds him.husband says sorry..Next time wife makes mistake..Husband scolds her..Wife cries..Husband says sorry.
• "Two Rules for SUCCESS" Never tell "Everything" you know.& Never tell,"you know everything"..??
• A little less with more peace is far more precious than a lot more with no peace.
• Every problem can be resolved by patience and politeness.(Anna).
• Relationship is like stepling the paper,Its eacy to attach but difficult to detach.
• Future is not we planned for tommoro..! It`s the result of what we do today...!!
• Adjustment with right people is always better than argument with wrong people...!!!
• Patiencewith family is Love,patience with others is Respect,patience with Self is Cofidence,patience with God is Faith.
• Result of Anger is more painful than Reason of Anger.Always keep these words to lead a successful & paeceful life.
• On Earnings : Never depend on a single income. Make investment to create a second source.
• On Spending: If you buy things you don"t need, soon you'll have to sell things you need.
• On Savings : Don't save what is left after spending but spend what is left after saving.
• On Expectations : Honesty is a very expensive gift, don't expect it from cheap people.
• On Taking Risk : Never test the depth of river with both feet.Warren Buffet.
• Relations:Meaningless,Attitude:Careless,Feelings: Heartless,ducation:Valueless,Arguments: Baseless,Future:Directionless.
• Leaders: Shameless,Government:Hopeless,Job:Thankless,Police:Clueless,Policies:Aimless,Labour:Effortless,Conduct:Worthless.
• The higher we climb the mountain,the harder the wind blows...!
• To learn you haye to listen,To improve,you haye to try.
• Always use branded items in life:For Lips-Truth,for Voice-Prayer,for Eye-Sympathy,for Hand-Charity,for Heart-Love,for Face-Smile.
• Life is only travelled once:Todays moment becomes tomorrows memory,enjoy every moment,good or bad,bcoz the gift of Life is life is itself.
• "Peace of mind is Beautiful gift which only we can give ourselves...Just by expecting nothing...even after doing everything..."
• Hamari khush-kismati ye hai ki hum sub Bhagwan ko Ek mante hai.. per badkismati ye hai ki Bhagwanki Ek nahi manate..!
• Our Nature is our Future.
• Change dose not happen when circumstances improve. Change happens when We Decide to improve circumstances.
• "A very good relationship needs just two things.a`litte time`to be spent with each others& a `true care`to be shown always..."
• "THIS MOMENT IS NOT PERMENENT IN LIFE"..Read the above line whenever you are Happy or Sad..it works HONESTLY.!
• Our worst enemy can not harm us as much asour own unguarded thoughts...
• Someone asked Buddha."What is poison" He gave a great answer.Everything excess in life is Poison."
• Life is sum of all our CHOICES..!
• Work hard,but make time 4 ur Love Friendz & Family.Bcoz nobady remembers presentations,marks,degrees on our death.
• "Oppertunity is missed by most people bcoz it comes dressed in overalls and looks like work."
• I have to learn from others mistakes Bcoz my life is not too long to make My own Experiences...Chanakya.
• Don`t try to different,just be good.Being good is differt enough!
• As long as we don`t forgive people who have hurt us, they occupy a rent-free space in our mind, so forgive & forget.
• "Never stop working after success,And never stop trying after failure..."
• Maturity is not when we start speaking about big things...It is when we actually start UNDERSTANDIG small things!
• An ounce of emotion is equal to aton of facts.
• See Mistake as just a Mistake:not My or His Mistake,My brings Guilt,His brings Anger, but only Mistake bringsRealisation & improvement.
• " WE ARE WHAT WE HIDE ABOUT OURSELF FROM OTHERS..."
• Who is helping you,Don`t forget them. Who is loving u,Don`t hate them. Who is believing u,Don`t cheat them.
• Education is ornament in prosperity and a refuge in adversity...
• Happiness gives temporary satisfaction...!But satisfaction gives gives permenant Happiness...!
• "No person is fully educated,until he learns to read himself !"
• Everyone is gifted but some people never open their package.
• "Motivation is what gets you started.Habbit is what keeps you going."
• Life is like playing chess with God.After your every move, he makes next move.Your moves are called CHOICES & His moves r called CHALLENGES...!
• Lesser the traffic of thoughts in your mind,easier is the journy of life..!
• Past is good place to visit... But, not to stay...!
• The main difference between Attitude & Ego is that: Attitude makes us different from others, While Ego makes us alone from others..
• prayers is when you talk to God; Meditation is when you listen to God.
• UNLESS WE SPEAK FROM HEART...WE CAN`T TOUCH ANYONE`S HEART...
• Misteks are embressing when they happen,but years latter,u have a collection of mistakes, called experience,whichleads u to success.
• Character is like TREE & Reputation is like Shadow...TREE is real Shadow is Not...
• All the Answers.But it comes when you Ready to face all the quastions.
• Jivan ma Anubhav ne ante je gnan male chhe te nakker hoy chhe, Matra teni kimmat vadhu chukavavi pade chhe.
• Happiness is not only a station we arrive at...but more a manner of travelling...!
• "Yesterday I was clever.so i wanted to change the world.Today I am wise.So i am changing myself."
• "judging people does not define who they are.It defines who we are."
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