Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
commented on
13 Jun 2014, 11:14 PM
Thank you nitin…im surely opening an account with Zerodha…!
1 Last question….Today i tried selling (Shorting) a Deep ITM (Distant) Option…(as a part of my hedging strategy).i.e i tried writing a Nifty Call Option of July of Strike 7300 @ Rs. 405/-…..my current broker did not execute the trade…saying the trade was rejected by RMS (Risk Management)….while i agree this option was not very liquid….but i asked him to execute at the bid price…
Why does this order rejection occur???….does Zerodha have the same RMS policy…or can i with Zerodha execute trades for illiquid securities???
Thanks Again!
Yash