Options are capital markets instruments that give the holder the right, but not the obligation, to buy or to sell an underlying asset at a specified price on or before a predetermined date where such right is exercised by registered delivery or cash settlement. The holder of an option buys not the underlying security itself, but the right to buy or sell such underlying security, against the payment he makes.

Currently, Single Stock, Equity Index,  and USDTRY Options, Pyhsically Delivered USDTRY Options are traded on VIOP.