So is Bracket order available for options?

[Sanket]

@Sandeep_Yadav

Is it blocked by exchanges or sebi

Blocked by Zerodha and with good reason.

Why Stock Option buying with market orders not allowed at Zerodha

Yes, we don’t allow market orders on stock options as most stock options are very illiquid, which means the bid-ask spread is quite high. Let me explain with an example. Assume stock X is trading at Rs 100. Say you decide to buy 110 calls of this month (lot size 5000) expiry. You add 110 calls that you see LTP of Rs 0.5 on your watchlist. I am in a hurry to buy this call and decide to place a buy order without looking at the market depth. I decide to buy 5 lots, knowing the maximum I will los…