# LONG ONLY ## ***Equity***


Signal Action	BUY	SELL
Signal Type	Entry	Exit
Order action	Entry Order	Exit Order
Position check	Not Available	Yes(Open)
Square-off Qty	Not Available	If No Open Positions, No Order will be Placed

Example : {% embed url="" %} **Buy :**

The Orders tab displays the instrument symbol and indicates that one share of long Tata chemical Equity has been bought.

The Positions tab indicates that we hold a long Equity position of one share in Tata chemical. **Sell :**

The Orders tab shows a sell order, and this sell order will exit the existing long equity position.

Under the Positions tab, you will see that the long Tata chemical Equity position has been squared off. ## ***Futures***


Order Action	BUY	SELL
Signal Type	Long Position Entry	Long Position Exit
Order type	Entry Order	Exit Order
Position check	No	Yes(Long)
Square-off Qty	Not Available	If No Long Open Positions, No Order will be Placed

Example : {% embed url="" %} **Buy :**

The Orders tab displays the instrument symbol and indicates that one lot of long future position has been bought.

The Positions tab indicates that we hold a long Futures position of one lot in ITC. **Second Buy :**

The Order tab Updates with a second buy order.

The Positions tab shows a total of two long lots of ITC Futures. **Sell :**

The Orders tab shows a sell order, and this sell order will exit the existing long futures position.

Under the Positions tab, you will see that the long ITC Futures position has been squared off. ## ***Options***


Order Action	BUY	SELL
Signal Type	Long Position Entry	Long Position Exit
Order type	Entry Order	Exit Order
Position check	No	Yes(Long)
Square-off Qty	Not Available	If No Long Open Positions, No Order will be Placed

Example : {% embed url="" %} **Buy :**

The Orders tab displays the instrument symbol and indicates that a call option has been bought.

The Positions tab indicates that we hold a long position of 1 lot in BankNifty call options. **Second Buy :**

The Order tab Updates with a second buy order.

The Positions tab shows a total of two long lots of BankNifty call option. **Sell :**

The Orders tab shows a sell order, and this sell order will exit the existing long call position.

Under the Positions tab, you will see that the BankNifty long call position has been squared off. ## ***Options Dynamic*** ***Buying***

Signal Action
Order action	BUY	SELL
Signal Type	Call Position Entry	Call Position Exit
Order type	Entry CE Order	Exit CE Order
Position check	No	Yes(CE)
Remarks	No Square-off Qyt	If No CE Positions, No Order will be Placed

Example : {% embed url="" %} **Buy :**

The Orders tab displays the instrument symbol and indicates that a Call option has been bought.

The Positions tab shows that we have a long position of 1 lot of Nifty call options. **Second Buy :**

This will update the Orders tab with a second buy order.

This will update the Positions tab to show a total of two lots of nifty call option. **Sell :**

The Orders tab displays a sell order, the sell order exits the existing call position.

Under the Positions tab, you will see that the Nifty call position has been squared off. ***Selling***


Signal Action	BUY	SELL
Signal Type	Put Position Entry	Put Position Exit
Order action	SELL	BUY
Order type	Entry PE Order	Exit PE Order
Position check	No	Yes(PE)
Square-off Qty	Not Available	If No PE Positions, No Order will be Placed

Example : {% embed url="" %} **Buy :**

The Orders tab displays the instrument symbol and indicates that a put option has been sold.

The Positions tab shows that we have a short position of 1 lot of Nifty put options. **Second Buy :**

This will update the Orders tab with a second buy order.

This will update the Positions tab to show a total of two short lots of nifty put option. **Sell :**

The Orders tab displays a buy order, the buy order exits the existing short put position.

Under the Positions tab, you will see that the Nifty put position has been squared off. ## ***Option Hedge*** ***Buying*** | **Signal Action** | BUY | SELL | | ------------------ | ------------------ | ------------------------------------------------ | | **Signal Type** | Put Position Entry | Put Position Exit | | **Order Action** | BUY | SELL | | **Order Type** | Entry PE Order | Exit PE Order | | **Position Check** | No | Yes(PE) | | **Sqr-off Qty** | Not Available | If No Open PE Positions, No Order will be Placed | Example : {% embed url="" %} **Buy :**

The Orders tab displays the instrument symbol and indicates that a put option has been bought.

The Positions tab shows that we have a long position of 1 lot of Nifty put options. **Second Buy :**

This will update the Orders tab with a second buy order.

This will update the Positions tab to show a total of two lots of nifty put option. **Sell :**

The Orders tab displays a sell order, the sell order exits the existing put position.

Under the Positions tab, you will see that the Nifty put position has been squared off. ***Selling*** | **Signal Action** | BUY | SELL | | ------------------ | -------------- | ------------------------------------------------ | | **Signal Type** | CE Entry | CE Exit | | **Order Action** | SELL | BUY | | **Order Type** | Entry CE Order | Exit CE Order | | **Position Check** | No | Yes(CE) | | **Sqr-off Qty** | Not Available | If No Open CE Positions, No Order will be Placed | Example : {% embed url="" %} **Buy :**

The Orders tab displays the instrument symbol and indicates that a call option has been sold.

The Positions tab shows that we have a short position of 1 lot of Nifty call options. **Second Buy :**

It will update the Orders tab with a second buy order.

It will update the Positions tab to show a total of two short lots of nifty call option. **Sell :**

The Orders tab displays a buy order, the buy order exits the existing short call position.

Under the Positions tab, you will see that the Nifty call position has been squared off. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.algomojo.com/algomojo/strategy-rule/long-only.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.