> For the complete documentation index, see [llms.txt](https://docs.algomojo.com/algomojo/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.algomojo.com/algomojo/strategy-rule/short-only.md). # SHORT ONLY ### ***Equity***
Signal ActionSELLSHORTCOVER
Signal TypeShort Position EntryShort Position EntryShort Position Exit
Order ActionSELLSELLBUY
Order TypeEntry OrderEntry OrderExit Order
Position CheckNoNoYes(Short)
Sqr-Off QtyNot AvailableNot AvailableIf No Open Short Positions, No Order will be Placed
Example : {% embed url="" %} **Sell :**

Orders

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

Positions

Under the Positions tab, you will see that the Tata chemical Equity short position has been created. **Short :**

Orders

This will create a another sell order for one share of Tata chemical Equity in the Orders tab.

Positions

In the Positions tab, it updates with total two shares of Tata chemical Equity. **Cover :**

Orders

This will create a buy order for two shares of Tata chemical Equity in the Orders tab according to the Short only strategy.

Positons

Under the Positions tab, you will see that the Tata chemical Equity position has been squared off. ### ***Futures*** | **Signal Action** | SHORT | COVER | | ------------------ | -------------------- | --------------------------------------------------- | | **Signal Type** | Short Position Entry | Short Position Exit | | **Order Action** | SELL | BUY | | **Order Type** | Entry Order | Exit Order | | **Position Check** | No | Yes(Short) | | **Sqr-Off Qty** | Not Available | If No Open Short Positions, No Order will be Placed | Example : {% embed url="" %} **Sell :**

Orders

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

Positions

Under the Positions tab, you will see that the ITC futures short position has been created. **Short :**

Orders

This will create a another sell order for one lot of ITC Futures in the Orders tab.

Positions

In the Positions tab, it updates with total two short lots of ITC futures. **Cover :**

Orders

This will create a buy order for two lots of ITC futures in the Orders tab according to the Short only strategy.

Positions

Under the Positions tab, you will see that the ITC futures position has been squared off. ### ***Options*** | **Signal Action** | SHORT | COVER | | ------------------ | -------------------- | --------------------------------------------------- | | **Signal Type** | Short Position Entry | Short Position Exit | | **Order Action** | SELL | BUY | | **Order Type** | Entry Order | Exit Order | | **Position Check** | No | Yes(Short) | | **Sqr-Off Qty** | Not Available | If No Open Short Positions, No Order will be Placed | Example : {% embed url="" %} **Sell :**

Orders

The Orders tab displays the instrument symbol and indicates that a call option has been sold. here the instrument symbol depicts that we have placed a BANKNIFTY Order.

Positions

Under the Positions tab, you will see that the BankNifty short call position has been created. **Short :**

Orders

This will create a another sell order for one lot of BankNifty call options in the Orders tab.

Positions

In the Positions tab, it updates with total two short lots of BankNifty call options. **Cover :**

Orders

This will create a buy order for two lots of BankNifty call options in the Orders tab according to the Short only strategy.

Positions

This will create a buy order for two lots of BankNifty call options in the Orders tab according to the Short only strategy. ### ***Options Dynamic*** ***Buying*** | **Signal Action** | SELL/SHORT | BUY/COVER | | ------------------ | ------------------ | ------------------------------------------------ | | **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="" %} **Sell :**

Orders

The Orders tab shows a buy order because the option type is set to Buying during the strategy creation .

Positions

The Positions tab indicates that the sell signal generates a one-lot long Nifty put position. **Short :**

Orders

The Orders tab displays another buy order for a long nifty put position.

Positions

The Positions tab shows that we hold two lots of long Nifty put positions. **Cover :**

Orders

The Orders tab displays a sell order for the existing long nifty put position to square off.

Positions

Under the Positions tab, you will see that a long Nifty put position has been squared off. ***Selling*** | **Signal Action** | SELL/SHORT | BUY/COVER | | ------------------ | ------------------- | ------------------------------------------------ | | **Signal Type** | Call Position Entry | Call Position 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="" %} **Sell :**

Orders

The Orders tab shows a sell order because the option type is set to selling during the strategy creation .

Positions

The Positions tab indicates that the sell signal generates a one-lot long Nifty call position. **Short :**

Orders

The Orders tab displays another buy order for a long nifty call position.

Positions

The Positions tab shows that we hold 2 lots of long Nifty call positions. **Cover :**

Orders

The Orders tab displays a sell order for the existing long nifty call position to square off.

Positions

Under the Positions tab, you will see that a long Nifty call position has been squared off. ### ***Option Hedge*** ***Buying*** | **Signal Action** | SELL/SHORT | BUY/COVER | | ------------------ | ------------------- | ------------------------------------------------ | | **Signal Type** | Call Position Entry | Call Position Exit | | **Order Action** | BUY | SELL | | **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="" %} **Sell :**

Orders

The Orders tab shows a buy order because the option type is set to Hedge Buying during the strategy creation .

Positions

The Positions tab indicates that the sell signal generates a one-lot long Nifty call position. **Short :**

Orders

The Orders tab displays another buy order for a long nifty call position.

Positions

The Positions tab shows that we hold two lots of long Nifty call positions. **Cover :**

Orders

The Orders tab displays a sell order for the existing long nifty call position to square off.

Positions

Under the Positions tab, you will see that a long Nifty call position has been squared off. ***Selling*** | **Signal Action** | SELL/SHORT | BUY/COVER | | ------------------ | ------------------ | ------------------------------------------------ | | **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) | | **Sqr-Off Qty** | Not Available | If No Open PE Positions, No Order will be Placed | Example : {% embed url="" %} **Sell :**

Orders

The Orders tab shows a sell order because the option type is set to Hedge selling during the strategy creation .

Positions

The Positions tab indicates that the sell signal generates a one-lot short Nifty put position. **Short :**

Orders

The Orders tab displays another sell order for a short nifty put position.

Positions

The Positions tab shows that we hold two lots of short Nifty put positions. **Cover :**

Orders

Orders tab displays a buy order for the existing short nifty put position to square off.

Positions

Under the Positions tab, you will see that a short Nifty put position has been squared off.