The curriculum follows a structured "learn-by-doing" approach, moving from basic definitions to advanced execution:
F&O contracts are temporary. In India, weekly expiries (usually Thursdays) are popular for Index options (Nifty/BankNifty). On the expiry day, the contract ceases to exist, and profits/losses are settled. future and options zebra learn pdf
| Feature | Futures | Options (Buying) | | :--- | :--- | :--- | | | Yes (Must honor contract) | No (Choice to honor) | | Profit Potential | Unlimited | Unlimited (Calls) / High (Puts) | | Risk | Unlimited | Limited to Premium Paid | | Payment | Margin (Deposit) | Premium (Fee) | | Market View | Strongly Bullish or Bearish | Bullish (Call) or Bearish (Put) | the contract ceases to exist