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Option trading in india

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 July 2012 I want trade in index option (ie Nifty).
I want to know which type of option system is followed in India, is it American or European ?
And if European is followed, can sell the options bought before expiry, bcoz I m in secondary market and does not want to exercise option (ie right to buy/sell)
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CA. Sunil Kumar

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CA. Sunil Kumar (Expert)
22 July 2012 American Option System is followed in India.

Yes you can sell the options before expiry.
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