This example shown for reliance may be applicable for NRML orders…if i have a MIS order how it can be carried overnight?
Volatility will always be there… Zerodha is Trading business…every year across brokerage firms 1 lakh new customers added…zerodha asking new generation to invest and providing varsity materials.
from 2020 zerodha says volatility in markets…Bracket order disabled…Please enable bracket order for MIS index options
If both SL and target are executed, the required margin (almost risk) will remain the same for the future. In options trade, if we place two sell orders (SL and target) for option long position, the risk involved in this trade is high. This can result in an option short sell.
This is not easy without a bracket order. The risk involved in bracket order is already explained here, please refer to this as well.
Is GTT OCO available for Options MIS trades? Or only for NRML?
GTT is available only for NRML product type.
Okay so if want to set both target and stoploss for intraday option position, how to do it?
You can take position in NRML and place target and stoploss using GTT. Even if you take position in NRML, you can square-off the trades on same day.
The margin requirements for using MIS and NRML are same now since there is no additional intraday leverage in F&O segment.
Yes but the problem is not all strikes are available to trade in NRML. Only MIS is available for all strikes so please suggest the best way to set target and stoploss for MIS option positions.
In MIS, for options you can either place stoploss (using SL order) or target (using limit order), not both. This is because unlike in equity trading and futures trading, the margin required for buying and writing (selling) options varies. Explained in detail here: