Trading Q&A by Zerodha - All your queries on trading and markets answered
Can I place a target and stop-loss order simultaneously for my open options MIS position?
Zerodha
Jack_R
May 13, 2023, 8:20am
1
Can I place a target and stop-loss order simultaneously for my open options MIS position?
Gnome
May 13, 2023, 10:05am
2
OCO is a trigger where both stop loss and target orders can be set. As the name suggests, when either of the triggers is hit, a limit order is placed on the exchange and the other trigger gets cancelled.