Too late- sebi banned exposure trading- -- from 1st september you need 160000 to write single lot bank nifty option-
cash-futures- mcx- all over - only full margin-
Now retail will be forced to buy otm options- Clever move by sebi to wipe out...
If it was a cover order - what would have happened?
It would be automatically squared up - since the stoploss would reside at exchange server?
Pressing exit button of cover-order stoploss won't create multiple positions-?
All limit orders whether its BO or CO or simple limit orders will be executed in this same manner. You have to place sl order. Its not available in CO or BO.
Only solution is wait for the price to come to your trigger price and place it immediately.
By wednesday game will be over-
Sell it at market rate-
options were introduced to loot money from retail people
and give it to Smart money
Options were meant for selling-