Multi-Leg Options on WebNotes

How to exit a multi-leg F&O position on Zerodha

Tue, 12 May 2026 00:00:00 +0000

Exiting a multi-leg F&O position on Zerodha requires closing every leg in a controlled sequence that avoids leaving any open naked exposure. A poorly managed exit, where one leg closes but another remains open, can transform a defined-risk strategy into an unhedged position with potentially large losses. This guide explains how to close all legs cleanly using the basket order method and what to do in an emergency.

For entry via basket order see How to use basket order for multi-leg options on Kite . For building the strategy initially see How to build an options strategy on Sensibull .

How to use the basket order for multi-leg options on Kite

Tue, 12 May 2026 00:00:00 +0000

The basket order feature on Kite allows you to prepare and submit up to ten orders in a single click, making it the standard tool for entering multi-leg options strategies where each leg must be placed as close to simultaneously as possible. This guide explains how to build a basket, set prices, and manage the submission, including what to do when legs fill partially.

For building the strategy before execution see How to build an options strategy on Sensibull . For exiting an existing multi-leg position see How to exit a multi-leg F&O position on Zerodha .