CALL and PUT Options are advanced hedging instruments used to hedge your imports and exports.

• CALL Option – gives the right to buy the asset at a given price for a specified date and time.
• PUT Option – gives the right to sell the asset at a given price for a specified date and time.

These options have associated costs as they provide unlimited upside potential while protecting the downside. These costs can be reduced by structuring based on the clients’ view. Structuring involves buying and selling options at various levels in different multiples. The buying and selling is done based on the client's underlying exposure, view, risk appetite and cost sensitiveness.

Cross Currency Options with barriers such as Knock-in/ Knock-outs and many more are available to customers for hedging their cross currency risks.