Options - question on trading interface

#1
Hi,

1}
I want to trade in stock options. But I am not sure how to use my online Account Trading interface. Please look at the attachment and let me know what inputs I should use for the below.

a} Order Terms
b} Exch
c} InstType.
d} OptType
e} Trading Account

2}
a} For OptType, it shows CE, PE at sometimes. At others it shows PA, CA. I think something maybe wrong with my browser(as my market watch is also not loading properly) - I know A stands for American type puts and call and E stands for European type. Please tell me - we should be able to trade both A and E types right ? There is no limitation on these as for as Stock options are concerned ?

b} For Trading Account, the only option I have is Intraday. I am confused - does this mean I will have to square off the same day ? Or can I square of anytime till the exp. date (supposing I choose American Type Put or Call). I do not want to be squaring of on same day.


Thank you
Hgarus
 

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#2
hi
before trading in option ....
do check how much is brokerage with your broker...

and which trading in option mostly u will be using

Order term : DAY

CE for call
PE for put while submitting orders

(E European style that is used in nse )


currently u selected is intraday:-- so call your broker and get confirmed

Dang did i just bumped 2013 post lol sorry about that lol
 

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