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ArthVed 9X Academy • LEVEL 6 (Futures Trading) • Module 19 (Advanced Pro)

Futures Market Complete
OI, Build-Up, Expiry & Risk Model

Futures trading is a professional segment where margin, leverage, and Open Interest (OI) drive market moves. This module teaches Futures from basics to advanced with pricing logic, expiry rollover, OI interpretation, build-up classification, and a risk management model.

8
Lessons
Advanced Pro
Level
Futures
Segment
📌 ArthVed 9X Rule: Futures are not about prediction — they are about risk control + OI logic + position management.

Module Outcomes

📌 Understand futures contracts and leverage
📌 Learn pricing logic + expiry rollover
📌 Decode Open Interest (OI) properly
📌 Identify long buildup / short buildup
📌 Apply futures risk model like professionals
Progress: 0% (Start Module)

Module 19 Lesson Map

Futures trading is about leverage, margin, expiry mechanics, and Open Interest behavior.

1. What are Futures Contracts
2. Lot Size, Margin, Leverage
3. Futures Pricing Logic
4. Expiry & Rollover
5. Open Interest (OI) Explained
6. Long/Short Build-Up
7. Covering & Unwinding
8. Futures Risk Management Model
🎯 Goal: Learn futures trading like professionals by understanding OI and managing leverage risk.

Futures Simulation (Margin + Leverage Reality)

Select leverage levels and observe how profit/loss changes rapidly in futures.

Leverage Selector

📌 Futures leverage multiplies both profit and loss.
📌 Higher leverage = faster margin risk.
₹0
Select leverage to simulate price movement impact.

OI Build-Up Simulator (Price + OI Interpretation)

Choose price movement and OI movement to identify buildup type.

Select any combination to decode futures buildup logic.

Expiry & Rollover Simulator

Futures expiry causes volume and OI to shift from current month to next month.

Current Month
Next Month
Click rollover to see how positions shift near expiry.

Lesson 1: What are Futures Contracts?

Futures are standardized contracts to buy/sell an asset at a future date.

Key Points

  • Futures are derivative instruments
  • Traded on exchange (NSE/BSE)
  • Requires margin, not full capital
  • Can trade both long and short easily
ArthVed 9X Insight: Futures are leveraged products. Treat them with respect.

Lesson 2: Lot Size, Margin & Leverage

Lot size defines contract quantity. Margin defines required capital.

Margin & Leverage

  • Lot size = number of shares per contract
  • Margin is a percentage of contract value
  • Leverage = contract value / margin paid
  • Higher leverage increases risk exponentially
ArthVed 9X Rule: Futures leverage is powerful only with risk discipline.

Lesson 3: Futures Pricing Logic

Futures price depends on spot price + cost of carry + market expectations.

Pricing Factors

  • Spot price (cash market)
  • Interest rate (cost of carry)
  • Dividends expectations
  • Demand & supply in futures
ArthVed 9X Insight: Futures premium/discount indicates market sentiment.

Lesson 4: Futures Expiry & Rollover

Expiry is when futures contracts settle and new contracts take over.

Expiry Mechanics

  • Monthly expiry happens on last Thursday
  • Near expiry, liquidity shifts to next month
  • Traders roll positions forward
  • Expiry weeks are volatile
ArthVed 9X Rule: Avoid over-leverage during expiry week volatility.

Lesson 5: Open Interest (OI) Explained

OI represents total open positions in futures contracts.

OI Meaning

  • OI increases = new positions are being created
  • OI decreases = positions are being closed
  • OI is not volume
  • OI shows commitment of traders
ArthVed 9X Insight: OI is the footprints of smart money participation.

Lesson 6: Long Build-Up / Short Build-Up

Buildup classification depends on Price + OI combination.

Build-Up Logic

  • Price ↑ + OI ↑ = Long Build-Up (bullish)
  • Price ↓ + OI ↑ = Short Build-Up (bearish)
  • These moves indicate strong participation
ArthVed 9X Rule: Build-up indicates trend continuation probability.

Lesson 7: Short Covering / Long Unwinding

Covering and unwinding are exit-driven moves, not fresh trend creation.

Exit Logic

  • Price ↑ + OI ↓ = Short Covering
  • Price ↓ + OI ↓ = Long Unwinding
  • These moves can create sharp spikes
  • But trend continuation is not always guaranteed
ArthVed 9X Insight: OI decreasing means positions are exiting the market.

Lesson 8: Futures Risk Management Model

Futures trading needs a strict risk model because leverage can destroy capital fast.

Professional Risk Model

  • Always define stoploss before entry
  • Risk fixed percentage of capital per trade
  • Avoid oversized positions in volatile stocks
  • Reduce leverage during expiry week
  • Never average futures losses without a plan
ArthVed 9X Rule: Futures survival is not about winning big, it’s about not losing big.

Module 19 Quiz (Futures Market Complete)

Test your futures understanding before moving ahead.

Q1: Futures are:
Q2: OI represents:
Q3: Price ↑ and OI ↑ means:
Q4: Price ↑ and OI ↓ means:
Q5: Expiry rollover means:
Q6: Futures risk model must include:
Score will appear here.
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