Zerodha - Number One Discount Broker in India
- Thread starter Traderji
- Start date
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OMG. That is what you understand after reading my whole topic. :lol:
It is clear that you don't know what is the present cover order facility in zerodha trader terminal. Probably you are not a Zerodha Client.
Cover order facility is active for whole day just like MIS. Cover order is just same as MIS (intra day square off 10 min before market closing) with compulsory stop loss and executed as market order only.
It is already active in some risky stock futures. Zerodha RMS Team know the risk well and monitor the open positions.
Every one know 60-70% time market remain in range bound mode.
And even after anticipating 'range bound' market if we
1)sell put & market break out the range up side or
2)sell call & market break the range down side, we can make money too.
Such facility would only add probability of winning of a day trader.
I am a day trader, even Rs 2-3 in a Rs 50 option is big for me (it is 4-6%).
I am a Zerodha Client and I am interested.
I gave a direct and clear suggestion to Zerodha in their thread. I have done. It is up to my broker now.
No need to disturb the thread again and again. Please leave the topic here.
I'll not reply anything further or read your comment on the same topic again.
Best Wishes.
Cheers.
OMG. That is what you understand after reading my whole topic. :lol:It is clear that you don't know what is the present cover order facility in zerodha trader terminal. Probably you are not a Zerodha Client.
Cover order facility is active for whole day just like MIS. Cover order is just same as MIS (intra day square off 10 min before market closing) with compulsory stop loss and executed as market order only.
It is already active in some risky stock futures. Zerodha RMS Team know the risk well and monitor the open positions.
Every one know 60-70% time market remain in range bound mode.
And even after anticipating 'range bound' market if we
1)sell put & market break out the range up side or
2)sell call & market break the range down side, we can make money too.
Such facility would only add probability of winning of a day trader.
I am a day trader, even Rs 2-3 in a Rs 50 option is big for me (it is 4-6%).
I am a Zerodha Client and I am interested.
I gave a direct and clear suggestion to Zerodha in their thread. I have done. It is up to my broker now.
No need to disturb the thread again and again. Please leave the topic here.
I'll not reply anything further or read your comment on the same topic again.
Best Wishes.
Cheers.
You actually thought you were going to tell me not to "disturb" the thread (anyone that contradicts you is disturbing i presume), and I was going to listen like an obedient puppy ....... NO!
You are quite clearly clueless, i do not need to be a zerodha client to know this, even though lol i am,
now, "EVERY ONE KNOWS that the market ranges 60% to 70%", not 85% not 5% lol, please listen to yourself.
Tell you what, why dont you ask a Zerodha rep to explain this concept to you. STOP LOSSES ARE NOT GURANTEED ORDERS, and no amt of cover orders or limits orders or any other fricking order can substitute for that, with more strike price granularity and illiquidity, only mad men will consider your offer.
One more thing, you want to leave the topic leave it, NEVER tell me what to do, i will discuss this topic to death as long as you respond, till death......
have a good one einstein.
P.S. "Such facility would only add probability of winning of a day trader."
Another gem .... your leverage has NOTHING NOTHING to with the probability of winning,i has an effect on your rturn but not your probability.
P.s. 2 OMG. That is what you understand after reading my whole topic ........ usually if your premise is wrong there is not much left to read genius ..... logic 101.
I just don't want young traders listening to clueless individuals like you, we got a lot of catching up to do (India) as it is. I also do not want any brokerage firm listening to you (they have a lot of catching up to do here as well), so i will write whenever you spew nonsense.
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Zerodha
What will be margin required to sell deep ITM option : Say 5500 CE at todays closing price of Rs. 550
And can the premium collected by selling be used for intraday trading ? I.e. Can I collect premium of Rs. 25000 and use that for intraday option buys, assuming I've enough cash to take care of any MTM for the Sold 5500 CE option
What will be margin required to sell deep ITM option : Say 5500 CE at todays closing price of Rs. 550
And can the premium collected by selling be used for intraday trading ? I.e. Can I collect premium of Rs. 25000 and use that for intraday option buys, assuming I've enough cash to take care of any MTM for the Sold 5500 CE option
@ zerodha,
In your equity reports (back office) for intraday the net receivables and net payable are not settlement profit and loss, they are value of buy and sell. That way if we add the net payable + net receivable the turnover is huge. But in the taxation blog you have always said that turnover means settlement profit + settlement loss, please explain how to get the settlement profit and settlement loss for intraday equity?
In your equity reports (back office) for intraday the net receivables and net payable are not settlement profit and loss, they are value of buy and sell. That way if we add the net payable + net receivable the turnover is huge. But in the taxation blog you have always said that turnover means settlement profit + settlement loss, please explain how to get the settlement profit and settlement loss for intraday equity?
