Option In Securities - SEBI Ready Reckoner - SEBI

As per clause (d) of section 2 of the Securities Contracts (Regulation) Act, 1956. Option In Securities means- a contract for the purchase or sale of a right to buy or sell, or a right to buy and sell, securities in future, and includes a teji, a mandi, a teji mandi, a galli, a put, a call or a put and call in securities;