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How do you do Options trading in the INDmoney App?

To trade options via the INDmoney app, you need to: open a trading account with INDmoney, navigate to the F&O section, select the stock you wish to trade, choose the option type (call or put), specify the strike price and expiry date and place your order by entering the quantity you wish to buy or sell; you can use advanced tools such as live option chains and GTT (Good Till Triggered) orders within the platform to effectively manage your positions.

Steps to place an options trading order via the INDMoney app:

  • Set up an account: Ensure that you have a registered INDmoney account with a completed KYC process to gain access to options trading.
  • Access the F&O section: Open the INDmoney app and navigate to the "Futures and Options" section.
  • Select a stock: Select the stock you wish to trade options on.
  • Select option type: Decide whether you want to buy a "call" option (betting on a price increase) or a "put" option (betting on a price decrease).
  • Strike price and expiry: Select the strike price at which you wish to buy or sell the option and the desired expiry date.
  • Place order: Enter the number of options you wish to trade and place your buy or sell order.

 

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