‹ 4.2.2 Default in a Deliverable Futures Contract 4.3.1 Types of Option Contracts › 4.3 Rules Applicable to Option Contracts 4.3.1 Types of Option Contracts 4.3.2 Cash Settled Call Option Contract 4.3.3 Cash Settled Put Option Contract 4.3.4 Deliverable Call Option Contract 4.3.5 Deliverable Put Option Contract 4.3.6 American Style and European Style 4.3.7 Cash Settled Option Contracts which are in-the-Money 4.3.8 Exercise/Expiry of All Option Contracts on Expiration Day ‹ 4.2.2 Default in a Deliverable Futures Contract 4.3.1 Types of Option Contracts ›