STOP + REVERSAL

Equity

Signal Action	BUY	SELL	SHORT	COVER
Signal Type	Short Position Exit & Long Position Entry	Long Position Exit & Short Position Entry	Long Position Exit & Short Position Entry	Short Position Exit & Long Position Entry
Order Action	BUY+BUY	SELL+SELL	SELL+SELL	BUY+BUY
Order Type	Exit + Entry Order	Exit + Entry Order	Exit + Entry Order	Exit + Entry Order
Position Check	Yes(Short)	Yes(Long)	Yes(Long)	Yes(Short)
Sqr-Off Qty	If No Open Short Positions, Long Entry will be Placed	If No Open Long Positions, Short Entry will be Placed	If No Open Long Positions, Short Entry will be Placed	If No Open Short Positions, Long Entry will be Placed

Example :

Buy :

Orders

The Orders tab displays the instrument symbol and indicates that one quantity of long equity position has been bought. here the instrument symbol depicts that we have placed a order for Tata chemical.

Positions

The Positions tab indicates that we hold a long equity position of one share in Tata Chemical. Since there’s no short position to close, only the long position is executed.

Second Buy :

Orders

The Order tab Updates with a second buy order.

Positions

The Positions tab shows a total of two long shares of tata chemical equity.

Sell :

Orders

The Orders tab shows a sell order of total three shares, and this sell order will exit the existing long equity position while creating a short position of one share in Tata Chemical Equity.

Positions

Under the Positions tab, you will see that the long Tata Chemical Equity position has been squared off, and a short position is created.

Short :

Orders

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

Positions

In the Positions tab, you’ll see a total of two short shares of Tata Chemical Equity.

Cover :

Orders

This will create a buy order for three shares of Tata Chemical Equity in the Orders tab according to the stop + reversal strategy.

Positions

Under the Positions tab, you will see that the short Tata Chemical Equity position has been squared off, and a long position is created.

Futures

Signal Action	BUY	SELL	SHORT	COVER
Signal Type	Short Position Exit & Long Position Entry	Long Position Exit & Short Position Entry	Long Position Exit & Short Position Entry	Short Position Exit & Long Position Entry
Order Action	BUY+BUY	SELL+SELL	SELL+SELL	BUY+BUY
Order Type	Exit + Entry Order	Exit + Entry Order	Exit + Entry Order	Exit + Entry Order
Position Check	Yes(Short)	Yes(Long)	Yes(Long)	Yes(Short)
Sqr-Off Qty	If No Open Short Positions, Long Entry will be Placed	If No Open Long Positions, Short Entry will be Placed	If No Open Long Positions, Short Entry will be Placed	If No Open Short Positions, Long Entry will be Placed

Example :

Symbol	Reliance	Reliance	Reliance	Reliance
Quantity (Lots)	2	2	2	2
Action	BUY	SELL	SHORT	Cover
Remarks	Bought	Sold	Sold	Bought

Options

Signal Action	BUY	SELL	SHORT	COVER
Signal Type	Short Position Exit & Long Position Entry	Long Position Exit & Short Position Entry	Long Position Exit & Short Position Entry	Short Position Exit & Long Position Entry
Order Action	BUY+BUY	SELL+SELL	SELL+SELL	BUY+BUY
Order Type	Exit + Entry Order	Exit + Entry Order	Exit + Entry Order	Exit + Entry Order
Position Check	Yes(Short)	Yes(Long)	Yes(Long)	Yes(Short)
Sqr-Off Qty	If No Open Short Positions, Long Entry will be Placed	If No Open Long Positions, Short Entry will be Placed	If No Open Long Positions, Short Entry will be Placed	If No Open Short Positions, Long Entry will be Placed

Example :

Buy :

Orders

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.

Positions

The Positions tab indicates that we hold a long position of 1 lot in BankNifty call options. Since there’s no short position to close, only the long position is executed.

Second Buy :

Orders

The Order tab Updates with a second buy order.

Positions

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

Sell :

Orders

The Orders tab shows a sell order of total three lots, and this sell order will exit the existing long call position while creating a short position of one lot in BankNifty call options.

Positions

Under the Positions tab, you will see that the BankNifty long call position has been squared off, and a short position is created.

Short :

Orders

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

Positions

In the Positions tab, you’ll see a total of two short lots of BankNifty call options.

Cover :

Orders

This will create a buy order for three lot of BankNifty call options in the Orders tab according to the stop + reversal strategy.

Positions

Under the Positions tab, you will see that the BankNifty short call position has been squared off, and a long position is created.

Options Dynamic

Buying

Signal Action	BUY	SELL	SHORT	COVER
Signal Type	Put Position Exit Call Position Entry	Call Position Exit Put Position Entry	Call Position Exit Put Position Entry	Put Position Exit Call Position Entry
Order Action	SELL / BUY	SELL / BUY	SELL / BUY	SELL / BUY
Order Type	Exit PE Order Entry CE Order	Exit CE Order Entry PE Order	Entry PE Order Exit CE Order	Exit PE Order Entry CE Order
Position Check	Yes(PE)	Yes(CE)	Yes(CE)	Yes(PE)
Sqr-Off Qty	If No Open PE Positions, No Order will be Placed	If No Open CE Positions, No Order will be Placed	If No Open CE Positions, No Order will be Placed	If No Open PE Positions, No Order will be Placed

Example :

Buy :

Orders

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 shown.

Positions

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

Second Buy :

Orders

The Orders tab contains a second buy order.

Positions

The Positions tab to show a total of two lots if nifty call option.

Sell :

Orders

The Orders tab displays both a sell order and a buy order, and the sell order exits the existing call position while the buy order establishes a new long position in Nifty put options.

Positions

The Positions tab, you will see that the Nifty call position has been squared off and a long Nifty put position has been established.

Short :

Orders

The order tab it triggers a buy order for a put position, adding to the existing put position. Since there is no call position present, no call position will be exited.

Positions

The Positions tab, has 2 lots of long Nifty put positions and a previously squared-off Nifty call position.

Cover :

Orders

The order tab it triggers a sell order for the existing long put position and generated a buy order for nifty call option as per the shot + cover strategy rule.

Positions

In the positions tab we could see that the put position is squared off and a long nifty call position is established.

Selling

Signal Action	BUY	SELL	SHORT	COVER
Signal Type	Call Position Exit Put Position Entry	Put Position Exit Call Position Entry	Put Position Exit Call Position Entry	Call Position Exit Put Position Entry
Order Action	SELL / BUY	SELL / BUY	SELL / BUY	SELL / BUY
Order Type	Exit CE Order Entry PE Order	Exit PE Order Entry CE Order	Exit PE Order Entry CE Order	Exit CE Order Entry PE Order
Position Check	Yes(CE)	Yes(PE)	Yes(PE)	Yes(CE)
Sqr-Off Qty	If No Open CE Positions, No Order will be Placed	If No Open PE Positions, No Order will be Placed	If No Open PE Positions, No Order will be Placed	If No Open CE Positions, No Order will be Placed

Example :

Buy :

Orders

The Orders tab displays the instrument symbol and indicates that a Put option has been sold. Since no call option is currently available, so no exit for a call option shown.

Positions

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

Second Buy :

Orders

The Orders tab Displays a second sell order.

Positions

The Positions tab shows that we have a short position of two lots if nifty put option.

Sell :

Orders

The Orders tab displays both a buy order and a sell order, and the buy order Squares off the existing Put position while the sell order establishes a new short position in Nifty call options.

Positions

The Positions tab, you will see that the Nifty put position has been squared off and a short Nifty call position has been established.

Short :

Orders

In the orders tab it triggers a sell order for a call position, adding to the existing short call position. Since there is no put position present, so no put position will be squared off.

Positions

In the Positions tab, you’ll find 2 lots of short Nifty call positions and a previously squared-off Nifty put position.

Cover :

Orders

In the order tab it triggers a buy order for the existing short nifty call position and generated a sell order for nifty put option creating a short position as per the stop + cover strategy rule.

Positions

Under the positions tab we could see that the call position is squared off and a short nifty put position is established.

Option Hedge

Buying

Signal Action	BUY	SELL	SHORT	COVER
Signal Type	Call Position Exit Put Position Entry	Put Position Exit Call Position Entry	Put Position Exit Call Position Entry	Call Position Exit Put Position Entry
Order Action	SELL / BUY	SELL / BUY	SELL / BUY	SELL / BUY
Order Type	Exit CE Order Entry PE Order	Exit PE Order Entry CE Order	Exit PE Order Entry CE Order	Exit CE Order Entry PE Order
Position Check	Yes(CE)	Yes(PE)	Yes(PE)	Yes(CE)
Sqr-Off Qty	If No Open CE Positions, No Order will be Placed	If No Open PE Positions, No Order will be Placed	If No Open PE Positions, No Order will be Placed	If No Open CE Positions, No Order will be Placed

Example :

Buy :

Orders

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 shown.

Positions

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

Second Buy :

Orders

The Orders tab is updated with a second Buy order

Positions

The Positions tab displays a total position of two lots of nifty put option.

Sell :

Orders

The Orders tab displays both a sell order and a buy order, and the sell order exits the existing put position while the buy order establishes a new long position in Nifty call options.

Positions

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

Short :

Orders

In the order tab it triggers a buy order for a call position, adding to the existing call position. Since there is no put position present, no put position will be exited.

Positions

In the Positions tab, you’ll find two lots of long Nifty call positions and a previously squared-off Nifty put position.

Cover :

Orders

In the order tab it triggers a sell order for the existing long call position and generated a buy order for nifty put option as per the stop + cover strategy rule.

Positions

Under the positions tab we could see that the call position is squared off and a long nifty put position is established

Selling

Signal Action	BUY	SELL	SHORT	COVER
Signal Type	Put Position Exit Call Position Entry	Call Position Exit Put Position Entry	Call Position Exit Put Position Entry	Put Position Exit Call Position Entry
Order Action	SELL / BUY	SELL / BUY	SELL / BUY	SELL / BUY
Order Type	Exit PE Order Entry CE Order	Exit CE Order Entry PE Order	Entry PE Order Exit CE Order	Exit PE Order Entry CE Order
Position Check	Yes(PE)	Yes(CE)	Yes(CE)	Yes(PE)
Sqr-Off Qty	If No Open PE Positions, No Order will be Placed	If No Open CE Positions, No Order will be Placed	If No Open CE Positions, No Order will be Placed	If No Open PE Positions, No Order will be Placed

Example :

Buy :

Orders

The Orders tab displays the instrument symbol and indicates that a call option has been sold. Since no put option is currently available, so no buy for a put option is placed.

Positions

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

Second Buy :

Orders

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

Positions

The Positions tab shows that we have a short position of two lots if nifty call option.

Sell :

Orders

the Orders tab displays both a buy order and a sell order, and the buy order Squares off the existing call position while the sell order establishes a new short position in Nifty put options.

Positions

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

Short :

Orders

In the order tab it triggers a buy order for a put position, adding to the existing short put position. Since there is no call position present, so no call position will be squared off.

Positions

In the Positions tab, you’ll find 2 lots of short Nifty put positions and a previously squared-off Nifty call position.

Cover :

Orders

In the order tab it triggers a buy order for the existing short nifty put position and generated a sell order for nifty call option creating a short position as per the stop + cover strategy rule.

Positions

Under the positions tab we could see that the put position is squared off and a short nifty call position is established.