such traders use volume to make good money from 5 or 10 paisa.
Even in Zerodha retail a 5 paise difference in BUY/SELL would mean a profit of Rs. 454.17 for maximum quantity buying (10,000) in Options. So, if you do only 100 trades and lets assume all are profitable then you gain/make Rs. 45,400/-
Hope this answers ur query.
there might be ppl who wrote options and buying them back?
thank you so much for the answer…but can u explain me how it is done…and what margin should be kept aside to make money from it…
such 5/10 paisa trades are usually done by Jobbers trading from a jobbing firm. Their breakeven is very low and leverage is high. Successful Jobbers are also known to follow strict stop loss. Their trades lasts usually less than a minute.
Volume and number of trades is what makes jobbing. Successful jobber would have 100-150 trades at least in a day, of which 80-90 would have to be profitable to make money.
Jobbers usually have profit sharing arrangement with the jobbing firm.
all the best.
thank you so much…for clearing my question…
what margin needed to sell 10000 option to make 5 or 10 paise…can u let me know…