6 Reasons to Trade Currency Options Check Now ..!!!

Currency Options might just be better for beginners!

1. Lower Margin

Currency Options require a margin of only 3000 Rs per lot compared to equity and index options which are typically around 50k-1L. This means even smaller traders can enter this. "share analysis software"

2. Weekly Options 

They have weekly and monthly options just like bank nifty. So if you are looking to play for short time Theta, or betting on a big move within a small time frame, it can be very useful. "Commodity Analysis Software"

3. No STT

The universally hated Securities Transaction Tax (STT) does not apply for currency options. Which means they are more profitable from a buying options perspective."FnO analysis software"

4. Currencies are more stable compared to Equities

This means more predictability, and manageable risks, and less volatility. Great for beginners

5. It is difficult to manipulate currencies

Simple. Le Doobega Private Limited can be manipulated by 5 operators in Dharavi. Doesn’t happen in currencies (Unless the five operators are Federal Reserve, RBI, etc) "Currency Analysis Software"

6. Small Losses

Currencies move 10–20 paise a day on an average, and like 60–70 paise in big moves. At 10 Rs per paise per lot, your losses per lot will only be a few hundred rupees. Which is as good as nothing. Low cost of learning, we say!

If you would like to try USDINR options, try searching USDINR in Options Strategy Builder by vedant margdarshak