Comment on Option buying: The riskiest trade out there

Anoop commented on 05 Jul 2021, 02:34 PM

Hi Nithin,
I am an Options seller. And I only do Iron Condor strategy in Nifty only, with atleast 1000-1500 points away from the spot. I like to do this even more futher but when I look at Sensibull’s Options chain, I am unable to see or select strikes which are 2000 points away from the spot, however these strike can be viewed in Nifty’s Options chain. Hence could you please urgently allow traders to select strikes as per their will, if the traders have no issue with putting their money on the line, can you please advise as to why unnecessary restrictions are being placed which prevents the wise and knowledgeable traders from placing good trades (Hedge positions)
Please never assume that all retail traders are amateur traders and lack the knowledge and skills in placing good trades.

Kindly look into this matter and I am expecting a positive response from you and your team ASAP.

View the full comment thread »