Guides
A growing collection of how-to guides and reference notes.
- GTT states on Kite: disabled, cancelled, and expired
A Kite GTT can be active, triggered, cancelled, expired, deleted, or disabled. It auto-disables on a bonus or split, and cancels on delisting or a corporate action.
- GTT order limitations and rejection reasons
Zerodha GTT orders are rejected at trigger time for ineligible instruments, freeze limits, missing funds, or blocked scrips. GTT is best-effort, not a guaranteed order.
- GTT for F&O on Zerodha
GTT orders work for F&O contracts on Zerodha, with key limits: NRML only, OCO restricted, validity tied to contract expiry, physical-delivery and execution-range cautions.
- GTT as a stop-loss for options buying
A GTT can act as a stop-loss for long options on Zerodha, but it releases a single-trigger limit order, not SL-M, so a fast move can leave a long-option stop unfilled.
- GTC orders on Kite: why Good-Till-Cancelled is not natively supported
NSE and BSE do not offer a true Good-Till-Cancelled order; they cancel pending orders daily. Zerodha's GTT is a broker workaround with a one-year validity cap.
- Gamma (options)
Gamma is the second-order option Greek that measures how fast delta changes when the underlying moves, peaking at-the-money and near expiry, and it is the risk that punishes option sellers on a sharp move.
- Follow-on public offer (FPO) on Zerodha
A follow-on public offer (FPO) is a listed company's further sale of shares to the public under SEBI ICDR 2018. How dilutive and OFS FPOs differ, and how to apply on Kite.
- Fix GTT stoploss invalid for index options on Kite
The GTT stoploss is invalid prompt on index options is a Zerodha nudge, not a hard error. You can still place the buy, then set a single-leg GTT stop separately.
- FinNifty futures on Zerodha
Nifty Financial Services (FinNifty) futures on Zerodha: index composition, lot size, Tuesday expiry, cash settlement, and the November 2024 discontinuation of FinNifty weekly options while futures continue.
- Financial benchmarks in India
Stub article on Financial benchmarks in India. A full encyclopedic entry is pending.
- F&O ban period restrictions
During an F&O ban only delta-reducing trades are allowed. Fresh or increasing positions attract a daily penalty of 1% of the breach, minimum Rs 5,000, and Zerodha blocks MIS.
- Energy futures margins on Zerodha
Margins on MCX crude oil and natural gas futures on Zerodha: SPAN, exposure and extreme loss margin, the volatility add-ons, intraday versus overnight, and peak margin.
- Employee reservation in an IPO
Stub article on Employee reservation in an IPO. A full encyclopedic entry is pending.
- Electricity futures on MCX
MCX electricity futures (monthly base load), launched 10 July 2025: design, the SEBI-CERC jurisdiction split, who hedges, cash settlement and Zerodha availability.
- Do Not Exercise (DNE) option
Do Not Exercise let brokers stop exercising close-to-money option strikes. NSE discontinued DNE for CTM strikes from 14 October 2021 after STT was rationalised to 0.125% of intrinsic value.
- Designated-person trading block on Zerodha (SEBI PIT trading window)
Why Zerodha blocks trades for a designated person of a listed company: the SEBI PIT trading-window closure, the PAN freeze, contra-trade rule and pre-clearance.
- Delta (options)
Delta is the rate of change of an option's premium per Re 1 move in the underlying, ranging 0 to 1 for calls and 0 to -1 for puts, and it doubles as the option's approximate probability of expiring in-the-money.
- Cross-currency derivatives on Zerodha
Cross-currency futures and options on Zerodha: EURUSD, GBPUSD and USDJPY on NSE, contract specs, the missing INR leg, lot sizes, margins, and how they differ from INR pairs.
- Corporate-action adjustments on F&O contracts
How NSE adjusts F&O strike prices, lot size and positions for stock splits, bonus issues, extraordinary dividends, mergers and rights, via the adjustment factor.
- Commodity options on Zerodha
MCX commodity options on Zerodha: options on gold, silver, crude oil and natural gas futures, the devolvement of in-the-money options into futures, lots, and margin.
- Client-wise position limit exceeded in currency derivatives
The client-wise position limit error in currency F&O fires when your gross open position in a pair crosses the per-client cap, USD 10 million or 6 per cent of open interest for USD-INR. Here is the rule and the fix.
- Charges shown on the Kite order window
The Charges field on the Kite order window is an estimate of the all-in cost of a trade: brokerage, STT, transaction charges, GST, SEBI and stamp charges. DP charges are billed separately.
- Change in open interest
Change in open interest shows positions added or cut. Read the four OI-price scenarios, OI on the Kite option chain, and OI spurts on Zerodha.
- Buyback taxation: the 2024 deemed-dividend reform
From 1 October 2024 the Finance (No. 2) Act 2024 taxed buyback proceeds as deemed dividend in the shareholder's hands at slab rate under Section 2(22)(f), with the cost becoming a capital loss.
- Bullion mini contracts on Zerodha
MCX bullion mini contracts on Zerodha: gold mini, gold petal, gold guinea, silver mini and silver micro lot sizes, ticks, why smaller contracts suit retail, and margins.
- Bull call spread
Stub article on the bull call spread. A full encyclopedic entry is pending.
- BSE SME
Stub article on BSE SME. A full encyclopedic entry is pending.
- Black-Scholes model
Stub article on Black-Scholes model. A full encyclopedic entry is pending.
- Bear put spread
Stub article on the bear put spread. A full encyclopedic entry is pending.
- Allotted IPO shares not visible on Kite before listing
Why allotted IPO shares are not visible in Kite holdings before listing: they sit in demat from T+2 but appear and turn tradable only on or before listing day.