Comment on Option buying: The riskiest trade out there

Adi commented on 24 Jul 2021, 11:12 AM

If you are an option seller who wants to hedge move to another platform. I was specifically told by Zerodha support that I could not buy options even 200-300 points away to hedge my CE. I said to them – but I have sold options I need to hedge them. So contrary to what Nitin is saying in this article, they do not care about option sellers. Just move. Do not waste your time. The UI is the best, but if you cannot execute your strategies or hedge what is the point. Do not believe them when they tell you that you can buy if you are selling. They will suddenly start blocking and then you either exit your position at loss or have a naked PE or CE short out there. Scary!!

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