Derivatives are financial contracts that derive their value from an underlying asset, such as a stock, bond, currency, or commodity. Derivatives can be used to speculate on the future price of the underlying asset, or to hedge against risk.

" An in-the-money (ITM) call option is a call option with a strike price that is below the current market price of the underlying asset. This means that the holder of the option has the right to buy the underlying asset at a lower price than it is currently trading."

A butterfly option strategy is a neutral options strategy that involves buying two options of the same strike price and selling two options at higher and lower strike prices. The goal of a butterfly option strategy is to profit from the underlying asset price staying within a certain range.

Gamma is a measure of the rate of change of an option's delta with respect to the underlying asset's price. It is a second-order Greek, meaning that it is a measure of the curvature of the option's price response to changes in the underlying asset's price.

A folio number is a unique identifier assigned to each investor in a mutual fund. It is used to track the investor's holdings and transactions within the fund.

An interim dividend is a dividend payment made by a company to its shareholders before the annual general meeting (AGM) and the release of final financial statements. It is typically paid out of retained earnings, which are the company's profits from previous years.

Marubozu candlesticks can be bullish or bearish, depending on the color of the candle body. A bullish Marubozu candle has a white body, while a bearish Marubozu candle has a black body.

The Total Expense Ratio (TER) is the total annual cost of managing and operating an investment fund, expressed as a percentage of the fund's average assets under management.

The National Pension System (NPS) and mutual funds are both investment vehicles, but they serve different purposes and have distinct features.

Trading via a trading account involves buying and selling financial instruments like stocks, bonds, commodities, or currencies through a brokerage or trading platform.