Unable to create a hedge position

[madhavreddy]

Hi,
I am unable to create the below hedge position with error “Strike Price is outside allowed range”
SELL 10500CE & BUY 10600CE.
I thought with the new margin system in place, we’ll be able to do this in Zerodha.

Will this situation remain forever in Zerodha with OTM options? or can we expect this to change in future?
Because most of the other brokers allow to BUY/SELL OTM options!

I like Zerodha because of the smooth interface and want to trade here but these restrictions are not helping…

Thanks,

[Bhuvan]

@madhavreddy

Will this situation remain forever in Zerodha with OTM options? or can we expect this to change in future?
Because most of the other brokers allow to BUY/SELL OTM options!

I like Zerodha because of the smooth interface and want to trade here but these restrictions are not helping…

We are working on a solution for this. We’ll keep you posted.

[madhavreddy]

Thank you Bhuvanesh. This will help small traders like me a long way…