How to short stocks for more than 1 day?

#1
Hi all,

I'm not sure if one can take short positions for more than 1 trading day? I have an ICICIdirect account and it mentions that short positions need to be closed within the trading day. BTW, I use margin trading.

Can someone please let me know if I can take short positions for more than one trading day?

I see a lot of posts that the poster has taken short positions (i assume that it is more than one trading day). Are they talking about other derivative trading?

TIA!

regards,
Jaya
 

spacenoxx

Active Member
#3
You need to short stock FUTURES. Or buy OPTION PUT contracts.

Try and read a bit on FUTURES to start with and then go for OPTIONS.

Do note that you cannot short 1-2 shares but in a lot of 100-4000 shares depending on the stock price. Also you need approxm. 65-75K to short one lot of most stock futures.
 

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