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<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 15px 0;">Option writing, also known as selling options, is a strategy where an investor creates and sells options contracts to other traders or investors. When you write (sell) an option, you are the "option writer" and take on an obligation.</p>

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<h3 style="color: #333; font-size: 16px; margin: 10px 0; font-weight: bold;">There are two types of options that can be written.</h3>

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<h4 style="color: #28a745; font-size: 15px; margin: 10px 0; font-weight: bold;">1. Call Option Writing:</h4>
<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 10px 0;">If you write a call option, you are giving someone else the right to buy a specific stock or asset from you at a predetermined price (strike price) on or before a specific date (expiration date). In return, you receive a premium, which is the payment for taking on this obligation.</p>
<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 10px 0;"><strong>Example:</strong> You write a call option for ABC Company with a strike price of Rs. 150 and an expiration date of one month. If the stock price of ABC Company stays below Rs. 150 by the expiration date, the option buyer won't exercise the option, and you keep the premium. However, if the stock price rises above Rs. 150, the option buyer may choose to exercise the option, and you would have to sell the stock to them at Rs. 150, even if the market price is higher.</p>
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<h4 style="color: #dc3545; font-size: 15px; margin: 10px 0; font-weight: bold;">2. Put Option Writing:</h4>
<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 10px 0;">If you write a put option, you are giving someone else the right to sell a specific stock or asset to you at a predetermined price (strike price) on or before a specific date (expiration date). In return, you receive a premium.</p>
<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 10px 0;"><strong>Example:</strong> You write a put option for XYZ Company with a strike price of Rs. 100 and an expiration date of one month. If the stock price of XYZ Company stays above Rs. 100 by the expiration date, the option buyer won't exercise the option, and you keep the premium. However, if the stock price falls below Rs. 100, the option buyer may choose to exercise the option, and you would have to buy the stock from them at Rs. 100, even if the market price is lower.</p>
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<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 15px 0;">Option writing can be a profitable strategy when done carefully and with proper risk management. However, it also comes with significant risks, as the potential losses can be substantial if the market moves against you. It's essential to have a good understanding of options and the underlying assets before engaging in option writing, and it's advisable to seek advice from experienced investors or financial experts.</p>
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