Derivatives
- How to use the options chain on Kite
Step-by-step guide to reading and using the Zerodha Kite options chain to identify strikes, analyse open interest, and place options orders efficiently.
- How to use the basket order for multi-leg options on Kite
Step-by-step guide to building and submitting a basket order on Zerodha Kite to execute all legs of a multi-leg options strategy simultaneously.
- How to use options payoff charts on Sensibull
Step-by-step guide to reading Sensibull's payoff chart, interpreting breakeven points and maximum profit/loss zones, and using the chart to compare strategy variants before execution.
- How to understand peak margin penalty
Explains the SEBI peak margin reporting framework, how the four intraday snapshots work, what triggers a shortfall penalty, and how to avoid it on Zerodha.
- How to trade options on Kite (first time)
Step-by-step guide for first-time options traders on Zerodha Kite: finding a contract, reading the order form, buying and selling options, and managing the position.
- How to trade futures on Kite (first time)
Step-by-step guide for first-time futures traders on Zerodha Kite: adding a futures contract, reading the order form, placing the order, and managing the position.
- How to roll over an F&O position on Zerodha
Step-by-step guide to rolling over expiring futures and options positions to the next contract month on Zerodha Kite, including timing, costs, and margin implications.
- How to read option Greeks on Kite
Step-by-step guide to finding, reading, and applying Delta, Gamma, Theta, and Vega displayed in the Zerodha Kite options chain and order flow interface.
- How to physically settle an in-the-money option
Explains the physical settlement process for in-the-money stock options on NSE, what obligations arise, how Zerodha handles delivery margin, and what to do if you hold an ITM option to expiry.
- How to interpret the margin shortfall SMS on Zerodha
Explains every field in the Zerodha margin shortfall SMS and email notification, what immediate action to take, and how to prevent recurring shortfalls.
- How to handle freeze quantity on F&O
Explains what the NSE and BSE F&O freeze quantity limit is, how to find the current limit for each contract, and how to place orders above the freeze quantity without rejection.
- How to exit a multi-leg F&O position on Zerodha
Step-by-step guide to cleanly closing all legs of a multi-leg options or futures position on Zerodha Kite, including basket exit, individual leg exit, and emergency close-out.
- How to deploy a Streak strategy live
Step-by-step guide to moving a backtested Streak strategy from paper trading to live deployment on Zerodha Kite, including alerts, monitoring, and risk controls.
- How to calculate margin using the Zerodha SPAN calculator
Step-by-step guide to using Zerodha's SPAN margin calculator to estimate futures and options margin before placing any trade.
- How to build an options strategy on Sensibull
Step-by-step guide to constructing, analysing, and saving multi-leg options strategies using Sensibull's strategy builder, payoff charts, and Greeks dashboard.
- How to backtest a strategy on Streak
Step-by-step guide to defining, running, and interpreting a backtest on Streak, the algo-strategy platform integrated with Zerodha Kite.
- How to avoid physical settlement (manual close-out)
Step-by-step guide to closing out in-the-money stock options and stock futures before expiry to avoid physical settlement obligations, delivery margin blocks, and elevated STT.
- F&O segment on Zerodha
Futures and options trading on Zerodha: product codes, margin types, SEBI framework, brokerage, expiry mechanics, and tax treatment.