Exercise Style:
•Stock Options: Typically, American-style — exercisable any time prior to expiry.
•Index Options: Typically, European-style — exercisable only on the expiry date.
4.Contract Size and Lot Size:
• Stock Options: Size of a lot varies by stock, as specified by the exchange.
• Index Options: Standard lot size (e.g., Nifty = 50 units); better for analysis and trading.
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