Strike price is outside the allowed range

F&O
102

Created zerodha account for my family member on 28-Aug.
Applied to orbis migration through ticket on 29-Aug.
Lets see how much time does zerodha take to migrate to orbis, so that i can trade for all strike prices.

103

Hi @ShubhS9

I am not able to buy otm options, I have sold one nifty call and want to hedge it by buying the otm nifty call.
But it is not allowing to do so.

Please check.

Regards,
Sahil

105

Hi Sahil, can you PM your Client ID, will get it checked.

107

Hi Sahil, you already have 5 Lots Put Short and 6 Lots Put Long, this is the reason you arenā€™t able to take a long position outside the allowed range. You can take a long position outside the allowed range only to the extent of quantities you have shorted, not more.

108

Hi @ShubhS9
I also have one lot NIFTY SEP 12000 CE Sept short, for which i wanted to buy NIFTY SEP13000 CE, which is not allowed.

Please check again.

Sahil

109

Hi now in your portfolio there are 6 lots of short options and 6 lots long option ( Irrespective of call or put) so you cannot take one more long outside the allowed range.
If you short one more option then you can buy one lot outside the allowed range

2 Likes
110

Ok, Thanks.

111

Hey i have esigned & squared off my position aswell as withdrawn my funds to move to orbis. Kindly contact me back waiting since 2-3 days. My id is ZQ6442. @siva-reddy @ShubhS9

112

@Jawaad26 Can you.

113

Hi Abhijith,

We shall have you moved to Orbis within next 24 hours.

Thank you.

1 Like
114

Will I be able to BUY 1 LOT far OTM PUT to hedge below position. And if below are my only open positions.
LONG 1LOT NIFTY20DEC8000CE
SHORT 1LOT NIFTY20SEP11300CE
I need this hedge (otm put) to protect my DEC LONG CALL.

115

Already your portfolio was hedged. So you cannot take position outside allowed range.

116

If I have 1 LONG FUT NIFTY,
can I buy 1 FAR OTM PUT to hedge the future.

117

Not possible now to allow outside range for hedging with futures. Will try to implement it later.

1 Like
118

Banknifty??? or only for Nifty this is applicable?

119

Both.

120

Hi Mr. Siva, it has been more than a week I have E signed the document but still they have not migrated my account to Orbis, My ID is KG5238, can you please help on thisā€¦

121

@Jawaad26 can you.

122

Ticket: #20200828677656 (Migration To Orbis)
By when this account be migrated

123

I can see reply to your ticket, better if you can reply to that.

@Jawaad26