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Underlying ek cheez hai, share nahi — aur usse sab kuch badal jaata hai
Published by The Retail Trader · JUL 23, 2026 · Derivatives & Commodities
Commodity futures mein aap ek physical cheez ka contract trade karte ho — sona, crude, copper. Equity se uska sabse bada farq yahi hai, aur usi se baaki saare antar nikalte hain.
Share ek company ka hissa hai jiska koi storage cost nahi hota aur jo kharaab nahi hota. Commodity ko rakhna padta hai, uska godown kharcha hota hai, aur kai commodities ki supply season par depend karti hai.
Isliye commodity ke bhaav mein carrying cost, supply cycle aur global demand teenon ek saath aate hain.
Trading ke level par ye cheezein alag hoti hain:
• Har contract ki lot size aur quality specification exchange tay karta hai.
• Trading hours equity se lambe hote hain, kyunki global markets se link hai.
• Kuch contracts physical delivery mein jaate hain, kuch cash settled hote hain.
• Ek hi commodity ke alag alag size ke contracts ho sakte hain.
Position lene se pehle us exact contract ki specification padhna zaroori hai — lot size, tick value, expiry aur delivery ka tarika. Equity mein ye sab lagbhag ek jaisa hota hai; commodities mein har contract apna alag janwar 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.