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Banknifty option- A bank option is a privilege, sold by one party to another, that gives the buyer the right, but not the obligation, to buy (call) or sell (put) at an agreed-upon price within a certain period or on a specific date. bank option is another type of derivative tool that can be used to hedge the Banks of the indian market , the client can even buy a call or a put depending on the Banks movements. Call if the client is bullish and put if the client is bearish on the particular bank.
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