Main uses of Index Options..

Index options enable investors to gain exposure to a broad share market, with one trading decision &  frequently with one transaction.
To obtain the same level of diversification using individual stocks or /  individual equity options, numerous decisions & trades would be necessary.
Since, broad exposure can be gained with one trade, transaction cost is also reduced by using Index Options.


As a percentage of the underlying value, premiums of Index options are usually lower than those of equity options as equity options are more volatile than the Index.
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