Options are tradable contracts which give the buyer the right, but not the obligation, to buy or sell an underlying asset (a stock or an index) at a specific price on or before a certain date.
An agreement that gives you right (not obligation) to buy a financial instrument(stock, bond, commodity) at a specific price within specific time period.
An agreement that gives you right (not obligation) to sell a financial instrument(stock, bond, commodity) at a specific price within specific time period.
Options aren't right for every investor. Trading in options is complicated but offers many rewards. The benefits include earn more with a small investment, the risk is limited only to the premium paid and options can be used as a tool for risk management. The risks include losing the entire investment in a short span of time as options are time sensitive.
Zerodha is an online discount stock broker for trading in options at BSE, NSE, and MCX. Zerodha charges flat Rs 20 per executed order, irrespective of the number of lots in the order. Zerodha customers get free trading tools. This includes an install-able trading terminal, website, and mobile app. Zerodha is the best rated and most popular stock broker in India.
NOW (NEAT on Web) is the leading online trading platform to trade at BSE, NSE, and MCX. It is built and maintained by NSE. NOW is offered as a shared platform to the brokers who are the member of NSE. It offers direct connectivity to NSE exchange for trade execution and data feeds. it is most reliabile, fast and easy to use online trading apps (desktop, website, and mobile).