Learn F&O step by step
Each guide takes 10 to 15 minutes, uses real 2026 NSE contract specs, and ends with a way to practise the idea in SWOT TRADER. Read them in order if you are new.
F&O in simple words
Eight short cards with everyday examples (booking tickets, melting ice cream), then the Up or Down? game: buy pretend calls and puts and learn break-even by playing.
Start here → Word list · 37 words📖 Jargon buster
Every F&O word you will meet, in plain language with a small example. Search it any time you get stuck.
Open the word list →🎮 What-if simulator
Pick a call, put, spread or straddle, then drag NIFTY, the clock and implied volatility. Watch the P&L, break-even and Greeks change in rupees, run four guided experiments and check yourself with a short quiz.
Open the simulator →Options basics
Calls and puts, strikes and premium, lot sizes and expiry days, in-the-money vs out-of-the-money, and your first payoff calculation.
Read guide 1 → Guide 2 · Intermediate · 14 minThe Greeks & expiry day
Delta, gamma, theta and vega in rupees, implied volatility and India VIX, and why the last trading day behaves like no other.
Read guide 2 → Guide 3 · Essential · 12 minRisk management
The 1% rule, position sizing, stop loss placement, reward to risk, expectancy, and what STT and other charges really cost you.
Read guide 3 → Guide 5 · New rules 2026 · 15 minOpening & closing auctions
The 9:00–9:15 pre-open and the new Closing Auction Session (CAS): how one fair price is found, the exact timings, a hands-on auction simulator and what it means for F&O expiry.
Read guide 5 → Guide 4 · Intermediate · 15 minReading charts & open interest
Support and resistance, breakouts and fakeouts, VWAP, the opening range, open interest, PCR and trading around news.
Read guide 4 →