Unlimited loss for writers

Hey @nithin today i sold some PE option and to protect my capital i tried to buy 500 points away option and I got strike too far error ,

How do option seller protect their capital during black swan events

Also if sebi introduce new hedging system it will be useless

How do u guys plan to overcome this issue

We have found a fix for this. Give us 2 to 3 weeks more.


was it for Bank Nifty?

You should have worked on this earlier. U just said OI limit reached and can’t allow more positions. This problem existed for many years in Zerodha. Hope you find a solution.