which is best? Futures or Options

Guys,

Could any one please suggest me which one is better? Trading in Futures or Options?

excluding the brokerage. As am planning to open account with either Zerodha or R.K Global.

If I trade with more no. of lots, I can trade in Zerodha as thery charge only Rs.20 per transaction.

If i trade with just single lot, I can for R.K global.

In futures, as the price goes against as we need to keep adding the margin money into our account. where as in Option Trading, we dont need to add any margin but the premium decreases as the day increases.

Both has pros and cons, but which is good for day trading? is it Futures or Options?

One is NAAGNATH and the other is SANPNATH....
Dono chor-chor mausere bhai hain....

Until and unless one is not able to read the markets correctly, no future, no option is going to work.

I always say to new traders first put the enormous effort to read the markets correctly. If one can read the market correctly, future and option are actually brothers because their values depend on how nifty in behaving.

hi,
One should be precise in direction of movement of the underlying at least for a short period of time to trade in derivatives as they are leverage products...they can easily make or lose money for us. So first be confident of predicting at direction of price movement. Once you are confident it is better to go for futures than options in my opinion....as in options there is an element of time value which will decrease with each passing day.
ALL THE BEST

Yes, right. But as you said as the days goes on premium value gets decreasing. So when we short sell options(writing options), we can make profit from it. Right? Consider the following example:
If Nifty spot is 6200, and if we are sure that Nifty wont move beyond 6500, then we can see Nifty CALL 6500 and buy back during the expiry(since the premium value will diminish as the day increases). It has higher probability of success when compared to buying Nifty Put option.

does short selling options needs more margin money? is it same as short selling stocks?
if Nifty call 6500 is @ 50Rs. Short selling NIFTY CALL 6500 will cost 50*50(lot size)=Rs.2500. is this correct? So the total investment will be only Rs.2500???

Margin in RKG is on the higher side plus monthly recurring software charges are there. Zerodha has no monthly charges.
I lot depends on the scripts you plan to trade. Some scripts are active in the futures ,others are majorly liquid in the options segment eg Apollo Tyres.
Lot sizes have hugh leverage,just stop and think. Better to shortlist the scripts you plan to trade. Then trade them in lots of 25 then 50 then 100 etc in the equity segment then switch to futures. The results will be observed in 1/2 months.
Firstly 6500 would be something like 15-20 not 50. And you shortsell one option, margin equivalent to one nifty futures would be blocked. So its not efficient,maybe a put would suffice but time decay would eat the premium.