British Pound / U.S. Dollar
Education

Part 9 Trading Master Class With Experts

23
Types of Options

Options can be classified in different ways:

Based on Style:

European Options – can only be exercised on the expiry date.

American Options – can be exercised any time before expiry.

Based on Underlying Asset:

Stock Options – based on shares of companies.

Index Options – based on market indices like Nifty or Bank Nifty.

Commodity Options – based on commodities like gold or crude oil.

Currency Options – based on currency pairs like USD/INR.

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