Comment on Option buying: The riskiest trade out there

Godwin commented on 02 Jul 2021, 12:08 PM

It will be possible if you allow kite to select multiple positions at the same time and convert it into normal positions. If the client selects two MIS positions at the same time like 1 OTM long and 1 ATM/OTM short to convert into Normal positions Zerodha could allow the conversion as both will be converted into NRML at the same time and the position is a hedged position. As the position already exists with the client and only the position type needs to be changed in the client’s position from MIS to NRML the effect of market changes will be negligible as no new order needs to be placed. And a time limit could be set for such scenario like MIS to NRML conversion to be done at least before 3 PM and hence the burden on the RMS will be reduced to some extent before 3 PM.

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