Nifty’s breakout makes exuberant punters take daring year-end bets - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Nifty’s breakout makes exuberant punters take daring year-end bets

Speculators have started building meaningful positions in the Call Option of strike price 18,000 expiring on December 30 over the past two sessions. A Call option gives its buyer an option, but not obligation, to buy the underlying security at a pre-decided price and time in the future.

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