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The Upstox brokerage charge for commodity futures is Rs 20, or 0.05%, whichever is less. Commodity options are Rs 20 per execution order. Commodities futures can be used to purchase or sell raw material (food/energy or metal) at a specified date and at a certain price. Commodity options contracts allow you to either buy (call option), or sell (put option), underlying commodity futures at predetermined price points on the contract expiry date.
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