New to options. Say I analyse a stock at 100 and think it will go up. I place my stop at 90 and profit target at 115. I buy the call option for that stock at a near the money strike when the stock is at 100. And exit the option when the stock hits either 90 or 115. Is this a viable thing to do?
Yeah, you can trade F&O by keeping the target and stops based on the underlying stock.