Pass NISM VIII in 14 Evenings with Ayan Sinha

**Pass NISM Series VIII (Equity Derivatives) on your first attempt, with about 2 hours an evening for 14 evenings.**

Most candidates fail NISM VIII for two reasons: they read the 300-page workbook end to end without practising, or they leave too many questions blank because they're afraid of negative marking. This book fixes both.

**What's inside the 72 pages:**

- **A 14-evening plan:** 8 study evenings for the 10 units, then formula revision, 2 full timed mocks, 2 review evenings and a light final day.

- **Hinglish chapter summaries for all 10 units** (derivative basics, index, futures, options, strategies, trading, clearing and risk, regulation, tax and STT, codes of conduct), plus "exam traps" boxes in every chapter.

- **500 practice questions:**

- 300 chapter-wise questions

- 2 full mock tests of 100 questions each

- answer keys with a Hinglish explanation for every question

- full step-by-step working for every numerical

- **A 2-page formula sheet:** cost of carry, basis, MTM, option payoffs, breakevens, spreads, straddles, hedge ratio, put-call parity, margins, STT and corporate-action adjustments.

- **Negative-marking maths, worked out:** why 68 correct answers out of 100 is enough to pass, and exactly when guessing is worth it.

- **Updated for recent changes,** including the October 2024 STT rates and SEBI's 2024 F&O measures (₹15 lakh contract value, upfront premium, one weekly expiry per exchange).

**Built to be accurate:** all 249 numerical questions were generated and solved by computer, so the answers are calculated, not typed by hand.

No advanced theory, just what the exam tests. Ideal for broking employees, finance graduates, and anyone who needs the NISM VIII certificate quickly.

*Independent study guide; not affiliated with or endorsed by NISM or SEBI. Not investment advice.*