Trailing stop loss in option using PI

General
1

Hi,
Is it possible to apply trailing stop loss in option using Zerodha PI. As in the example given at their website mentioned about Nifty future only.
If it is possible, then can you explain with example and the steps how to do it.
Suppose i have initially sold a call option at 100 Rs. Now i want to trail my buying back stop loss by 2 Rs. So like 98,96,94 and so on if the trade goes in my direction so that i do not have to come out in loss after going into profit.

Thanks

2

You can do as mentioned if you use bracket orders.BO can be also used on Index options.

To know more about BO go through

​If you use other product code one has to manually place orders unlike BO where trail will happen automatically.