Comment on Deciphering NSE's 'Execution Range' circular.

DAVID JOSE commented on 22 Jun 2020, 03:10 PM

today i was trading in banknifty options banknfty June 20500 PE i had purchased 1 lot at 112… after a few hours bank nifty spot went up and the same 20500 PE was available at Rs 70… I tried to buy the Bank Nifty PE at Rs 70… Zerodha terminal gave me a message the order is rejected..There was no margins issues… i had enough money in my account… later on The banknifty PE recovered and i would have been in a position to exit my trade at no loss… but since zerodha cancelled my order i had to suffer a loss… i never faced this problem with my previous broker… First of all options trading is risky… and then zerodah rejections one is at a disadvantage and will lose money further…secondly zerodha does not a allow to buy OTM options …so the zerodha platform is not meant for traders to make money… but to lose their money…

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