Comment on Option buying: The riskiest trade out there

V T Vishwanath commented on 01 Jul 2021, 09:27 PM

When I execute strategies lets say iron condor and at the end of the day I want to carry forward my position by converting it to NRML. In this situation it really hurts as I have to exit bought option in MIS and re-enter as NRML. The position convertion didn’t work for OTM option buying.

Here, in this situation I am not long on OTM alone. Its a part of strategy.
In my recent 1 week, I hade to exit MIS and re-enter NRML to carry forward my strategy. Making me to place almost 1.5 times more orders. And increase the slippage while re-entering as NRML

Only thing is happening is increasing number of orders which is generating Money πŸ’ΈπŸ’° to Zerodha and Government.

My only advice is stop controlling traders like SEBI. I agree traders should know about their risk. But please stop controlling them.

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