Comment on Stop Loss orders - Limit/Market

Shri commented on 04 Jun 2015, 12:17 PM

Appreciate if you can clarify my basic doubts:
1) I need to short a Stock option say at 100 (expecting the underlying to fall below 100). What are the values to select for Order Type,Prod Type and Validity ? (I need to hold the position till expiry or until SL =105 is met)

2) To have a SL for the above position, do I need to create a second order now ? Will that be a Buy order and what are the values for Order Type,Prod Type and Validity ?

So,the question is if I need to take a short position,does it require 2 orders (to have SL) or a single order of order type=SL or SL-M. Thanks !

View the full comment thread »