Comment on Option buying: The riskiest trade out there

mhdsharuk commented on 03 Jul 2021, 06:46 PM

Hello Nithin,
I have a suggestion for buying far OTM, to get margin, and for hedging.
It has to be done through basket order.
The feature would be, we would add all the buy and sell strikes for our option strategy,
Buy position will be at the top of the list. The basket order system would automatically recognize that the far OTMs are for hedging purposes.
If there are no sell positions, the basket orders wont execute.
So by this method. this would automatically have benefits on retailers, and risk management would also be there

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