Suppose I had a position live and running when 16450 ce momentarily went to 803.05. The RMS did not square of because it was a “freak” trade. But what if it had stayed there for say 5 seconds?
For how long will it have to stay there at that price for zerodha RMS to classify it no longer a freak trade and close my position at a significant loss? Even a hedge at say 16500 ce would not have helped because all other strikes won’t be affected by the freak trades