I would like to draw attention from my friends on the subject related with this thread :-
(a) As is allowed in Equity, can any trader be allowed to "short sell" a CALL OPTION at a premium (depending on the market sentiment) and subsequently, before square-up date "BUY" back the same CALL OPTION at prevailing premium so as to settle the transaction. Is their any restriction imposed ?
(b) It is correct I have lost sizeable money on Option Trading in the recent market crash. The only reason is that I am unable to use "Stop-Loss" technique. So my capital could not be protected.
(c) Recently, I tried to quote Stop-Loss price in specified SLOT in the trade-sheet of ICICIDirect.com. But the messages displayed is confusing and are difficult to understand. I mailed to the Site and I am sure no reply will be given to me. Can I get illustrations on the placement of SL Price in appropriate place between LTP and Limit Price both in BUY and SELL transactions. Thanks.