Put Options/Calls Options

Before knowing how to trade options first you need to know about the terminologies used in stock market options:

• CE stands for Call Options.
• When you buy/hold a Call option (also known as going Long), you’re betting on the stock’s upward movement. 
• Conversely, when you sell/write a Call option (also known as going Short), you’re betting on the stock’s downward movement.
• For example, Buying NIFTY Mar 9000 CE means you’re betting that NIFTY will stay above 9000 by the end of the trading session on the last Thursday of March.*

While

• PE stands for Put Options.
• When you sell a Put option (also known as going Short), you’re betting on the stock’s upward movement. 
• And when you buy a Put option (also known as going Long), you’re betting on the stock’s downward movement.
• For example, Buying NIFTY Mar 9000 PE means you’re betting that NIFTY will stay below 9000 by the end of the trading session on the last Thursday of March.*

*As of now, In India, Monthly Expiries are settled on the Last Thursday of that month.