Options Foundations (F&O)
Six weeks on how options work: calls and puts, premiums, margins, expiry and settlement, together with the SEBI F&O rules and the risks that come with leverage.
₹35,000 + GST · ₹41,300 incl. GST
Who it is for
- Learners who can read a chart and want to understand futures and options properly
- Anyone curious about F&O who wants the rules and the risks before any decision
- Students preparing for Options Strategies and Greeks
Skills you will build
- Explain call and put payoffs at expiry and read a payoff diagram
- Describe intrinsic value, time value and moneyness
- Read an option chain and a contract specification
- Explain margins, upfront premium, expiry and settlement
- Summarise SEBI’s current F&O rules
- Explain why selling options can lose far more than the premium
Week-by-week curriculum
- Futures and options at a glance
- Lot sizes and contract specifications
- Expiry cycles and how they work
- Underlyings: indices and stocks
- Buyer and seller rights and obligations
- Payoff diagrams at expiry
- In, at and out of the money
- Reading an option chain
- Intrinsic value and time value
- Time decay in plain terms
- Implied volatility basics
- Premium behaviour on historical examples
- SPAN and exposure margin, and upfront premium
- Brokerage, STT and other charges
- Exercise, assignment and settlement
- What happens near expiry
- Contract-size, position-limit and expiry rules in force
- Margin and expiry-day measures
- What SEBI’s studies say about individual F&O traders
- Staying current as the rules change
- Buying versus selling options: different risks
- Why selling options can lose far more than the premium
- Paper-trading option payoffs on the simulator
- Writing your own F&O risk rules
What is included
- Live classes online or in Hyderabad
- Class recordings for 6 months
- Workbook PDF
- GZ paper-trading simulator (historical and delayed data)
- Moderated community with no tips
- Doubt-clearing sessions
- Completion certificate
- Briefing on SEBI’s current F&O rules, refreshed for each batch
Your mentor
Your mentor is introduced before the batch starts. Every GZ Trades mentor has 10+ years of market experience, reviews your own journal and process, and never gives trade calls.
Read before you enroll
Risk and honesty
Education only
GZ Trades provides education only. We do not give investment advice or research recommendations, manage money, or guarantee returns.
Risk of loss
Trading in securities involves risk of loss. SEBI has reported that 9 out of 10 individual traders in equity F&O incurred net losses.
US markets and LRS
Investing in US markets from India is subject to RBI’s Liberalised Remittance Scheme and FEMA rules.
Fees to the company only
We accept fees only into the current account of Gigglezen Technologies Pvt Ltd. We never ask you to pay a personal account or UPI ID, or to share your trading login.
Questions about this program
No, but you should be comfortable reading a price chart. If you are not, start with Chart Reading and Technical Analysis or the Foundations Combo.
SEBI has reported that 9 out of 10 individual traders in equity F&O incurred net losses. The program covers the risks involved, including leverage, time decay, costs and expiry-day behaviour, so you understand them before making any decision.
No. Practice uses the GZ paper-trading simulator with historical and delayed data. We never trade on your behalf or ask for broker logins.
No. GZ Trades provides education only. We do not give investment advice, research recommendations, stock tips or buy and sell calls. We teach with historical charts and paper trading.
Only if you choose to trade on your own, with any SEBI-registered broker you pick. You don’t need one for our classes. We never open or operate accounts for students.
Full refund if you cancel 7 or more days before the batch starts; 50% if you cancel later but before the second session; none after the second session. You also get one free batch transfer. Refunds go to the source account within 7 working days of your cancellation request.