LONG+SHORT
(BUY + SELL)
Equity
Signal Action
BUY
SELL
Signal Type
Short Position Exit or Long Position Entry
Long Position Exit or Short Position Entry
Order action
BUY
SELL
Order Type
Exit or Entry Order
Exit or Entry Order
Position check
Yes(Short)
Yes(Long)
Square-off Qty
If No Open Short Positions, Entry Long Order will be Placed
If No Open 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.
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.
Second Sell :
The Orders tab shows a sell order, and this sell order creates a short position as per Long + Short strategy.
Under the positions tab, a short tata chemical equity position is updated.
Second Buy :
The Orders tab shows a buy order, and this buy order exits the existing short tata chemical equity position.
Under the position tab you will notice that the short tata chemical equity position is squared off.
Futures
Signal Action
BUY
SELL
Signal Type
Short Position Exit or Long Position Entry
Long Position Exit or Short Position Entry
Order action
BUY
SELL
Order Type
Exit or Entry Order
Exit or Entry Order
Position check
Yes(Short)
Yes(Long)
Square-off Qty
If No Open Short Positions, Entry Long Order will be Placed
If No Open 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.
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.
Second Sell :
Orders tab shows a sell order, and this sell order creates a short position as per Long + Short strategy.
Under the positions tab, a short ITC futures position is updated.
Second Buy :
The Orders tab shows a buy order, and this buy order exits the existing short ITC futures position.
Under the position tab you will notice that the short ITC futures position is squared off.
Options
Signal Action
BUY
SELL
Signal Type
Short Position Exit or Long Position Entry
Long Position Exit or Short Position Entry
Order action
BUY
SELL
Order Type
Exit or Entry Order
Exit or Entry Order
Position check
Yes(Short)
Yes(Long)
Square-off Qty
If No Open Short Positions, Entry Long Order will be Placed
If No Open Positions, No Order will be Placed
Example :
Buy :
The Orders tab displays the instrument symbol and indicates that a call option has been bought. here the instrument symbol depicts that we have placed a BANKNIFTY Order.
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
BUY
SELL
Signal Type
Put Position Exit or
Call Position Entry
Call Position Exit or
Put Position Entry
Order action
SELL or BUY
SELL or BUY
Order Type
Exit PE or Entry CE Order
Exit PE or Entry CE Order
Position check
Yes(PE)
Yes(CE)
Square-off Qty
If No Open PE Positions, Entry CE Order will be Placed
If No Open CE Positions, Entry PE Order will be Placed
Example :
Buy :
The Orders tab displays the instrument symbol and indicates that a call option has been bought. Since no put option is currently available, so no exit for a put option is seen.
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.
Second sell :
The Orders tab shows a buy order for a long Nifty put position based on the long + short strategy rule, as there is no available call position to square off.
The Positions tab will show a long Nifty put position along with a previously squared-off Nifty call position.
Selling
Signal Action
BUY
SELL
Signal Type
Call Position Exit or Put Position Entry
Put Position Exit or Call Position Entry
Order action
SELL or BUY
SELL or BUY
Order Type
Exit CE or Entry PE Order
Exit CE or Entry PE Order
Position check
Yes(PE)
Yes(CE)
Square-off Qty
If No Open CE Positions, Entry PE Order will be Placed
If No Open PE Positions, Entry CE Order will be Placed
Example :
Buy :
The Orders tab displays the instrument symbol and indicates that a put option has been bought. Since no call option is currently available, so no exit for a call option is seen.
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 :
You’ll see that the Orders tab displays a buy order, the buy order exits the existing put position.
Under the Positions tab, you will see that the Nifty put position has been squared off.
Second sell :
The Orders tab shows a sell order for a short Nifty call position based on the long + short strategy rule, as there is no available put position to square off.
The Positions tab will show a short Nifty call position along with a previously squared-off Nifty put position.
Option Hedge
Buying
Signal Action
BUY
SELL
Signal Type
Call Position Exit or Put Position Entry
Put Position Exit or Call Position Entry
Order action
SELL or BUY
SELL or BUY
Order Type
Exit CE or Entry PE Order
Exit CE or Entry PE Order
Position check
Yes(CE)
Yes(PE)
Square-off Qty
If No Open CE Positions, Entry PE Order will be Placed
If No Open PE Positions, Entry CE Order will be Placed
Example :
Buy :
The Orders tab displays the instrument symbol and indicates that a put option has been bought. Since no call option is currently available, so no exit for a call option is seen.
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.
Second sell :
The Orders tab shows a buy order for a long Nifty call position based on the long + short strategy rule, as there is no available put position to square off.
The Positions tab will show a long Nifty call position along with a previously squared-off Nifty put position.
Selling
Signal Action
BUY
SELL
Signal Type
Put Position Exit or
Call Position Entry
Call Position Exit or
Put Position Entry
Order action
SELL or BUY
SELL or BUY
Order Type
Exit PE or Entry CE Order
Exit PE or Entry CE Order
Position check
Yes(PE)
Yes(CE)
Square-off Qty
If No Open PE Positions, Entry CE Order will be Placed
If No Open CE Positions, Entry PE Order will be Placed
Example :
Buy :
The Orders tab displays the instrument symbol and indicates that a short call option has been created. Since no position of put option is currently available, so no square-off for a put option is seen.
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 short lots of nifty call option.
Sell :
The Orders tab displays a buy order, the buy order squares-off the existing call position.
Under the Positions tab, you will see that the Nifty call position has been squared off.
Second Sell :
The Orders tab shows a sell order for a short Nifty put position based on the long + short strategy rule, as there is no available call position to square off.
The Positions tab will show a short Nifty put position along with a previously squared-off Nifty call position.
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