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Near aur far month ka farq, aur ye position kis cheez par paisa banati hai
Published by The Retail Trader · AUG 04, 2026 · Derivatives (F&O)
Zyadatar option strategies ek hi expiry ke andar strike badalti hain. Calendar spread iske ulta karta hai — strike wahi rakhta hai aur expiry badalta hai.
Isme aap ek near expiry ka option bechte ho aur ussi strike ka door wala expiry ka option kharidte ho. Do alag expiry, ek hi strike.
Iska tark ye hai ki near month ka time value tez gir raha hai aur far month ka dheere. Us decay ke farq mein hi is position ka faayda chhupa hota hai.
Calendar spread ek directional bet nahi hai, aur uski shartein alag hain:
• Underlying strike ke paas hi rahe to sabse acha, door bhaagne par nuksaan.
• Volatility badhne par far leg zyada faayda deta hai, isliye ye vega positive hoti hai.
• Do legs ka matlab do baar spread aur do baar charges.
• Far month aksar kam liquid hota hai, isliye exit mehngi ho sakti hai.
Multi leg strategies ki sabse badi practical laagat execution hai, theory nahi. Agar dono legs alag alag bhare gaye aur beech mein bhaav hil gaya, to poora expected edge entry mein hi khatam ho sakta hai.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.