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Over The Counter (OTC) Options

Options traded away from exchanges like NSE and BSE are called OTC Options.

Zerodha (Flat Rs 20 Per Trade)

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Options that are traded in OTC markets are called OTC options. OTC options are traded through the phone or other private communication. The OTC options are customized as per the requirement and are riskier in the absence of a regulator like SEBI. Though the OTC options come at a lesser price than those available in exchanges, there’s no transparency in pricing and terms of trade.

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