NISM Series 8 (NISM VIII): Equity Derivatives Certification Exam Notes

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  • Volatility Impact: High volatility benefits straddle/strangle buyers.
  • Margin Requirements: Higher for option sellers due to unlimited risk.
  • Break-Even Points: Specific price levels where strategies yield zero profit/loss.
  • Risk Management: Strategies like collars limit both upside and downside.
  • Market Sentiment: Open interest and put-call ratio guide trading decisions.

NISM Equity Derivatives

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