What is the difference between trading stocks versus options?

Trading in options, when compared to stocks, is different in many ways like- Time- Options have an expiration date within which you can trade in it. All options expire on the expiration date. Stocks don’t have an expiration date and can be held for years. For example, if you buy or sell Nifty May 31 Option, it will expire on May 31st whereas if you buy Reliance shares you can trade it anytime or hold it for several years. Delivery- In options, there is no delivery. All transactions are settled in cash. In stocks, you get delivery of the stocks in your demat account. For example, if you buy an Option and if it is at profit on expiration date then you will get the profit amount credited to your account. You will not get delivery of the underlying. In case of stocks, you get the traded quantity of stocks added to your account. Investment Capital: In options, you pay a fraction of the actual amount of the traded. This amount is called premium. In stock trading, you have to pay the actual value of the shares. For example, you want to trade in 100 shares of SBI currently trading at Rs 280. In options trading, you can buy an SBI option for a lot of 100 shares by paying a premium of Rs 10 per share or even less depending on your strike price. So your investment capital would be Rs 10 X 100 shares = Rs 1000. If you trade in stocks, you have to pay Rs 280 X 100= Rs 28000.