I recently lost 7k+ in a options trade because I had put MIS as order type in order settings and forgot about it. I didn’t close my trade as I expected the price to rebound, which it did next day. Had it been a normal order, i would have still been in loss but overall profit.
I know I can convert positions in commodity from MIS to normal. Can this be done for nifty options as well? How? Any limitations?