Glossary · Derivatives
Expiry एक्सपायरी
The date on which a futures or option contract ends.
हिंदी में: एक्सपायरी
वह तारीख़ जिस पर फ्यूचर्स या ऑप्शन अनुबंध समाप्त होता है।
How it is used in the lessons
An option gives the buyer the right, but not the obligation, to buy (call) or sell (put) at the strike price, on or before the expiry.
From Futures & Options
The main inputs are the underlying price, time to expiry, implied volatility and interest rates.
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Definitions are for education. They are not investment advice. Check official sources such as SEBI and NSE for current rules.