Comment on Cover Orders - For Higher Leverage

Nithin Kamath commented on 16 Mar 2013, 10:31 AM

Not advisable to be used in Options as your trigger price has to be within a 3% range. If you buy an option at Rs 50, your trigger will have to be within the range 48.5 to 50 which is pretty tight. Even if you use cover orders, you would not get any leverage when you buy options…

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