Let us say we have shorted AUG16 9500CE at Rs 2. If this needs to be held till expiry, it is possible. Every day, is it possible to have SL position at say SL-L buy at Rs 5?
I have noticed that SL-L order or SL-M order in options is rejected . Not sure why. Can any one answer this?
There’s no reason to not allow Stop Loss orders for option contracts. Market orders could be blocked, this is because not all options contracts are liquid, in such case there’s an inherent risk when you place a market order for a large quantity. Its best to get in touch with your broker and find out why your orders aren’t going through.
Thanks Venu. In zerodha it self, I’m seeing this for NIFTY.