Buy far OTM strikes before selling

F&O
1

My dear friends at Zerodha @siva @ShubhS9 @nithin

Any possibility that we will be able to buy far OTM options before selling- this is currently restricted for xyz reasons but most other brokers are allowing this.

You guys have been innovator and still continues to do so with all your new products but this is my top feature request for 2024.

Lets make it happen! :slight_smile:

2

There is nothing Z can do about this. Its a restriction imposed by Sebi to curb Zerodha’s dominant market share. Good news is their market share is decreasing and the OTM strikes are slowly getting freed up, but not yet far otm.

3

Hi @Anki, you can migrate your account to Orbis to trade without restrictions. You can check out the process here.