# Basket order feature on Kite web - Testing & Feedback

**URL:** https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990
**Category:** Announcements
**Created:** [August 22, 2020, 11:16am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990 "2020-08-22T11:16:37Z")
**Posts on this page:** 20
**Page:** 7

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### Author: ![siva-reddy](https://tradingqna.com/user_avatar/tradingqna.com/siva-reddy/32/111_2.png) [@siva-reddy](https://tradingqna.com/u/siva-reddy)
#### Post date: [August 26, 2020, 5:51am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/125 "2020-08-26T05:51:06Z")

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> [@TIMEFRAME](#):
>
> basket order is plain vanilla , i think Zerodha needs to develop separate platform for Strategy based options selling, like the one i am posting here !!

Yes, will add these things slowly.

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### Author: ![HSL](https://tradingqna.com/user_avatar/tradingqna.com/hsl/32/19583_2.png) [@HSL](https://tradingqna.com/u/HSL)
#### Post date: [August 26, 2020, 7:09am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/126 "2020-08-26T07:09:12Z")

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which brokers provide these ?

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### Author: ![TradeB2B](https://tradingqna.com/letter_avatar_proxy/v4/letter/t/e8c25b/32.png) [@TradeB2B](https://tradingqna.com/u/TradeB2B)
#### Post date: [August 26, 2020, 7:12am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/127 "2020-08-26T07:12:03Z")

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@hsl Its think or swim , i also investing through TDAMERITRADE $0 commision for investment

 ![gfgfgf](https://tradingqna.com/uploads/default/original/3X/d/4/d413f93c33b72d40a65d32ebb96af8ce866afcb1.png)

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### Author: ![TIMEFRAME](https://tradingqna.com/user_avatar/tradingqna.com/timeframe/32/9216_2.png) [@TIMEFRAME](https://tradingqna.com/u/TIMEFRAME)
#### Post date: [August 26, 2020, 7:35am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/128 "2020-08-26T07:35:11Z")

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Thinkorswim through TD Ameritrade

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### Author: ![Prakhar\_Agrawal](https://tradingqna.com/letter_avatar_proxy/v4/letter/p/ea5d25/32.png) [@Prakhar\_Agrawal](https://tradingqna.com/u/Prakhar_Agrawal)
#### Post date: [August 26, 2020, 8:24am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/129 "2020-08-26T08:24:03Z")

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what are remittance charges and time taken to deposit and withdraw money

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### Author: ![maddy\_Des](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/bc8723/32.png) [@maddy\_Des](https://tradingqna.com/u/maddy_Des)
#### Post date: [August 26, 2020, 8:24am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/130 "2020-08-26T08:24:41Z")

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@siva-reddy @ShubhS9  
I have 24 Sept 11000PE & 11900CE Shorts. To hedge that I have 27 Aug 10900PE & 11900CE long. (All outside the OI range)  
Now what will happen tomorrow?  
My 27 Aug 10900PE & 11900CE long will expire worthless. So to continue hedge I will have to enter next week strikes long.  
Now if I try to buy next week options while letting this week longs expire worthless, orders will get rejected.  
If I exit longs first, so as to take new longs, my margins will exceed 400/500% although momentarily.  
What to do now?

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### Author: ![TradeB2B](https://tradingqna.com/letter_avatar_proxy/v4/letter/t/e8c25b/32.png) [@TradeB2B](https://tradingqna.com/u/TradeB2B)
#### Post date: [August 26, 2020, 8:45am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/131 "2020-08-26T08:45:08Z")

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@Prakhar_Agrawal Idfc first bank i believe cheap then sbi , 1 to 2 working days its will reflect to the account , 500 to 700 charge including all gst others charges are include , if you are transferring 1 lakh + no need to consider the charges because its cheap ,

if you are enrolling to invest through icici or hdfc or upstock , there remittance charge + trade commission + subscrition fee applied

But in TD ameritrade only remittance charge from india we need to bear only , no commission on trade investment thats a good part

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### Author: ![siva-reddy](https://tradingqna.com/user_avatar/tradingqna.com/siva-reddy/32/111_2.png) [@siva-reddy](https://tradingqna.com/u/siva-reddy)
#### Post date: [August 26, 2020, 9:14am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/132 "2020-08-26T09:14:40Z")

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> [@maddy\_Des](#):
>
> What to do now?

On expiry days range will be much,much wider, if you are planning to trade tomorrow.

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### Author: ![Nirmal\_Raj](https://tradingqna.com/user_avatar/tradingqna.com/nirmal_raj/32/20805_2.png) [@Nirmal\_Raj](https://tradingqna.com/u/Nirmal_Raj)
#### Post date: [August 26, 2020, 9:21am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/133 "2020-08-26T09:21:32Z")

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Hi Nithin,  
The only suggestion is searching of scrips … if you provide anything kinda option chain to just select the scrip…it will be useful.

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### Author: ![Karthik\_Mahadevan](https://tradingqna.com/user_avatar/tradingqna.com/karthik_mahadevan/32/22441_2.png) [@Karthik\_Mahadevan](https://tradingqna.com/u/Karthik_Mahadevan)
#### Post date: [August 26, 2020, 10:48am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/134 "2020-08-26T10:48:29Z")

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> [@maddy\_Des](#):
>
> What to do now?

@maddy_Des you can close everything and then sell Sep option and buy weekly hedges in multiple tranches (say in 3 or 4 tranches, as much as your total margin allows).  
I know this is cumbersome and takes a while to do, but this is the only hack as of now which I have also been following.

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### Author: ![Tapastanay](https://tradingqna.com/user_avatar/tradingqna.com/tapastanay/32/32288_2.png) [@Tapastanay](https://tradingqna.com/u/Tapastanay)
#### Post date: [August 26, 2020, 11:00am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/135 "2020-08-26T11:00:20Z")

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> [@maddy\_Des](#):
>
> have 24 Sept 11000PE & 11900CE Shorts. To hedge that I have 27 Aug 10900PE & 11900CE long. (All outside the OI range)

Hi!  
@maddy_Des

If you don’t mind, may I know what is the strategy you have deployed here? And what is the probability of making profit, obviously? I’m not such an experienced guy in this field. If it doesn’t bother you, it will be my privilege to learn something always from all of you veteran guys…

Nevertheless, if my request in any way may have displeased you, I beg your pardon.

Your kind response in this regard awaited.

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<div class="post-metadata">

### Author: ![maddy\_Des](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/bc8723/32.png) [@maddy\_Des](https://tradingqna.com/u/maddy_Des)
#### Post date: [August 26, 2020, 11:12am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/136 "2020-08-26T11:12:07Z")

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This is a strategy by Jegathesan Durairaj & shared in @Learnapp course.  
You can join learnapp for detailed video.  
We simply sell 45 to 30 DTE options and buy cheap weekly options for hedge. This is sort of reverse of double calendar spread.  
Double calendar spread works in strikes that are near to ATM. While this strategy works in far OTM options well.

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### Author: ![Tapastanay](https://tradingqna.com/user_avatar/tradingqna.com/tapastanay/32/32288_2.png) [@Tapastanay](https://tradingqna.com/u/Tapastanay)
#### Post date: [August 26, 2020, 11:42am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/137 "2020-08-26T11:42:41Z")

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Very much grateful for sharing your precious knowledge. Let me grasp it… I will again revert to you once I get it comprehensively.

BTW, what is learnapp? And how to join this… Is it available on play store?

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### Author: ![siva-reddy](https://tradingqna.com/user_avatar/tradingqna.com/siva-reddy/32/111_2.png) [@siva-reddy](https://tradingqna.com/u/siva-reddy)
#### Post date: [August 26, 2020, 2:57pm UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/138 "2020-08-26T14:57:25Z")

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> [@Tapastanay](#):
>
> what is learnapp?

Check [this.](https://learnapp.co/home)

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### Author: ![t7support](https://tradingqna.com/user_avatar/tradingqna.com/t7support/32/78592_2.png) [@t7support](https://tradingqna.com/u/t7support)
#### Post date: [August 27, 2020, 3:17am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/139 "2020-08-27T03:17:41Z")

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Cool addition to Kite Capabilities. Awesome Zerodha.

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### Author: ![maddy\_Des](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/bc8723/32.png) [@maddy\_Des](https://tradingqna.com/u/maddy_Des)
#### Post date: [August 27, 2020, 5:30am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/140 "2020-08-27T05:30:40Z")

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> [@siva-reddy](#):
>
> much,much wider,

This is wider!?  
 ![image](https://tradingqna.com/uploads/default/original/3X/a/1/a124f57f8085e27801b6dbee3dd358079d3afa6c.png)

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<div class="post-metadata">

### Author: ![maddy\_Des](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/bc8723/32.png) [@maddy\_Des](https://tradingqna.com/u/maddy_Des)
#### Post date: [August 27, 2020, 5:37am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/141 "2020-08-27T05:37:05Z")

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@nithin @siva-reddy  
It’s hard to visulaize every obstacle!!!

So as soon as I exit this week outside OI long options I will be in a margin shortfall. So my next hedge buy order of 3 sept week will get rejected due to insufficient funds. That means I will be stuck in naked shorts. WTF.  
So basically outside OI range, one cannot rollover whatsoever?

@nithin @siva-reddy plz reply to this asap.

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### Author: ![maddy\_Des](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/bc8723/32.png) [@maddy\_Des](https://tradingqna.com/u/maddy_Des)
#### Post date: [August 27, 2020, 5:39am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/142 "2020-08-27T05:39:15Z")

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@nithin @siva-reddy plz reply to this asap.

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### Author: ![siva-reddy](https://tradingqna.com/user_avatar/tradingqna.com/siva-reddy/32/111_2.png) [@siva-reddy](https://tradingqna.com/u/siva-reddy)
#### Post date: [August 27, 2020, 5:43am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/143 "2020-08-27T05:43:35Z")

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> [@maddy\_Des](#):
>
> So as soon as I exit this week outside OI long options I will be in a margin shortfall. So my next hedge buy order of 3 sept week will get rejected due to insufficient funds. That means I will be stuck in naked shorts

You are aware of this right, earlier also you discussed about this.

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### Author: ![maddy\_Des](https://tradingqna.com/letter_avatar_proxy/v4/letter/m/bc8723/32.png) [@maddy\_Des](https://tradingqna.com/u/maddy_Des)
#### Post date: [August 27, 2020, 5:45am UTC](https://tradingqna.com/t/basket-order-feature-on-kite-web-testing-feedback/87990/144 "2020-08-27T05:45:58Z")

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> [@siva-reddy](#):
>
> aware of this

Couldn’t get you. May be trading tension. Basically, no rollover is possible. right?

My current positions are these.

 ![image](https://tradingqna.com/uploads/default/original/3X/9/3/93dfb27a7d959e48772456828dc313bbc6e1b8fd.png)

I now want to execute this.

 ![image](https://tradingqna.com/uploads/default/original/3X/8/b/8b625796b7a8681d7bdf1eaf633a26da765da266.png)

I have like 2-3 lakh extra margin left.

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