Suppose I had bought an option for 2 and I would like to sell it at 4 and want to keep stop loss of 1. How can I keep both. If it is not possible please tell me even how to keep options for stop loss
You can get this done in 2 ways:
Use a bracket order or
Place 2 separate orders after you opened the trade, one for stop loss and one for profit booking
a) Profit booking order will be a regular SELL LIMIT order with price at 4.
b) Stoploss order will be a STOP LOSS SELL LIMIT order with price and target at 1.
how to place bracket orders in positional options??