Comment on Basics on Options Shorting/Writing

Rajat commented on 25 Feb 2016, 09:44 PM


Today I wrote 7 contracts (525 qty) of NIFTY 6950 PE at 1.35. My stoploss was at around Rs. 13 as SL-M order as I was pretty sure NIfty will not move below 6950 in the remaining time. But in the below chart you can see a spike came at 2:55, My stoploss was hit and executed at Rs. 19.65. If I look closely to that 2:55 candle I see that it made high of Rs. 17.45. Then how my orders are executed at Rs.19.65?

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