I bought Bank Nifty 26000CE which is at huge loss now, i’m sure that 26000 would never reach this week, so i would like to carry forward the Banknifty to next week and let me know the way forward for this in Zerodha.?
Do i need to click on covert something and make it to move to next week or how this can be done?
What are the charges involved in doing so?
The only way is to close this existing position and take a new fresh position in Next Weekly or This month Contract.
I think options cannot be carried forward for next week.
In my options trading experience, buying naked call or put mostly resulted in loss. So I always follow a low risk strategy.
I read about these strategies from https://zerodha.com/varsity/module/option-strategies/