LONG+SHORT

(BUY + SELL) (SHORT + COVER)

Equity

Signal Action

BUY

SELL

SHORT

COVER

Signal Type

Long Position Entry

Long Position Exit

Short Position Entry

Short Position Exit

Order Action

BUY

SELL

SELL

BUY

Order Type

Entry Order

Exit Order

Entry Order

Exit Order

Position Check

No

Yes(Long)

No

Yes(Short)

Sqr-Off Qty

Not Available

If No Open Long Positions, No Order will be Placed

Not Available

If No Open Short Positions, No Order will be Placed

Example :

Buy :

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

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

Second Buy :

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.

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.

Short :

This will create a sell order for one share of Tata Chemical equity in the Orders tab.

In the Positions tab, you’ll see a short share of Tata Chemical equity.

Cover :

This will create a buy order for Tata Chemical equity in the Orders tab according to the Long + Short strategy.

Under the Positions tab, you will see that the short Tata Chemical equity position has been squared off.

Futures

Signal Action

BUY

SELL

SHORT

COVER

Signal Type

Long Position Entry

Long Position Exit

Short Position Entry

Short Position Exit

Order Action

BUY

SELL

SELL

BUY

Order Type

Entry Order

Exit Order

Entry Order

Exit Order

Position Check

No

Yes(Long)

No

Yes(Short)

Sqr-Off Qty

Not Available

If No Open Long Positions, No Order will be Placed

Not Available

If No Open Short Positions, No Order will be Placed

Example :

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.

Short :

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

In the Positions tab, you’ll see a short lot of ITC futures.

Cover :

This will create a buy order ITC futures in the Orders tab according to the Long + Short strategy.

Under the Positions tab, you will see that the short ITC Futures position has been squared off.

Options

Signal Action

BUY

SELL

SHORT

COVER

Signal Type

Long Position Entry

Long Position Exit

Short Position Entry

Short Position Exit

Order Action

BUY

SELL

SELL

BUY

Order Type

Entry Order

Exit Order

Entry Order

Exit Order

Position Check

No

Yes(Long)

No

Yes(Short)

Sqr-Off Qty

Not Available

If No Open Long Positions, No Order will be Placed

Not Available

If No Open Short Positions, No Order will be Placed

Example :

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.

Short :

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

In the Positions tab, it updates with one short lot of BankNifty call options.

Cover :

This will create a buy order for one lot of BankNifty call options in the Orders tab according to the Long + Short strategy.

Under the Positions tab, you will see that the BankNifty short call position has been squared off.

Options Dynamic

Buying

Signal Action

BUY

SELL

SHORT

COVER

Signal Type

Call Position Entry

Call Position Exit

Put Position Entry

Put Position Exit

Order Action

BUY

SELL

BUY

SELL

Order Type

Entry CE Order

Exit CE Order

Entry PE Order

Exit PE Order

Position Check

No

Yes(CE)

No

Yes(PE)

Sqr-Off Qty

Not Available

If No Open CE Positions, No Order will be Placed

Not Available

If No Open PE Positions, No Order will be Placed

Example :

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.

Short :

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

Under the Positions tab, you will see that a long Nifty put position has been established.

Cover :

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

Under the Positions tab, you will see that a long Nifty put position has been squared off along with a previously squared-off call position.

Selling

Signal Action

BUY

SELL

SHORT

COVER

Signal Type

Put Position Entry

Put Position Exit

Call Position Entry

Call Position Exit

Order Action

SELL

BUY

SELL

BUY

Order Type

Entry PE Order

Exit PE Order

Entry CE Order

Exit CE Order

Position Check

No

Yes(PE)

No

Yes(CE)

Sqr-Off Qty

Not Available

If No Open PE Positions, No Order will be Placed

Not Available

If No Open CE Positions, No Order will be Placed

Example :

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 he Positions tab to show a total of two lots of nifty put option.

Sell :

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

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

Short :

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

Under the Positions tab, you will see that a short Nifty call position has been established.

Cover :

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

Under the Positions tab, you will see that a short Nifty call position has been squared off along with a previously squared-off put position.

Option Hedge

Buying

Signal Action

BUY

SELL

SHORT

COVER

Signal Type

Put Position Entry

Put Position Exit

Call Position Entry

Call Position Exit

Order Action

BUY

SELL

BUY

SELL

Order Type

Entry PE Order

Exit PE Order

Entry CE Order

Exit CE Order

Position Check

No

Yes(PE)

No

Yes(CE)

Sqr-Off Qty

Not Available

If No Open PE Positions, No Order will be Placed

Not Available

If No Open CE Positions, No Order will be Placed

Example :

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.

Short :

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

Under the Positions tab, you will see that a long Nifty call position has been established.

Cover :

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

Under the Positions tab, you will see that a long Nifty call position has been squared off along with a previously squared-off put position.

Selling

Signal Action

BUY

SELL

SHORT

COVER

Signal Type

Call Position Entry

Call Position Exit

Put Position Entry

Put Position Exit

Order Action

SELL

BUY

SELL

BUY

Order Type

Entry CE Order

Exit CE Order

Entry PE Order

Exit PE Order

Position Check

No

Yes(CE)

No

Yes(PE)

Sqr-Off Qty

Not Available

If No Open CE Positions, No Order will be Placed

Not Available

If No Open PE Positions, No Order will be Placed

Example :

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 :

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

This will update the Positions tab to show a total of two lots of short 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.

Short :

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

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

Cover :

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

Under the Positions tab, you will see that a short Nifty put position has been squared off along with a previously squared-off call position.

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