How to use Upstox Option Strategy Builder tool?

Question

How to use Upstox Option Strategy Builder tool?

Accepted Answer · 2021-05-24

Using a Strategy Builder tool in Upstox has many benefits such as knowing the margin benefit you will get in a hedged position, planning and executing a big trade strategy at one go, etc. Let us know how to create a strategy using the Upstox Strategy builder tool. This strategy builder tool is available in both the app and web versions.

Go to your UPSTOX app and log in.
Click on “Option Chain,” which appears on any scrip you want to trade.
Tap on ” Build Option strategy”.
Select the strike and Click “Buy” or “Sell.”
Put the quantity and price.
Then tap the “Add to the strategy” button.
The order will be added to the review tab, and keep adding other legs, as per your strategy.
Once all the legs are added, click on the Review strategy and tap on “Continue.”
Then on” Swipe to place order.”
You can view the status of orders.

How to use Upstox Option Strategy Builder tool?

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