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

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  • Strategy Selection: Depends on market outlook and risk appetite.
  • Limited Risk Strategies: Bull/bear spreads cap both profit and loss.
  • Unlimited Risk Strategies: Short straddles/strangles expose sellers to large losses.
  • Option Combinations: Complex strategies like butterflies balance risk/reward.
  • Futures Hedging: Used to lock in prices for future purchases/sales.

NISM Equity Derivatives

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