What is the difference between Option and Option plus in ICICIdirect?
You can also allocate additional funds for trading in Options Plus as compared to current margin requirements. Option Buying. Option Buying requires lower margin requirements with maximum profit potential and the loss is also limited unlike Option Writing which has limited gains.
What is future plus trading in ICICIdirect?
FuturePLUS is an intraday product in the F&O segment. The facility is available in selected stocks. It is available in 2 versions: Future Plus with normal margin. In this, you can take buy/sell positions in future contracts with the intention of squaring off the position on the same day.
What is option 20 plan in ICICIdirect?
ICICIdirect Neo is our revolutionary new-age brokerage plan where you have to pay Zero Brokerage on Futures, only Rs. 20 per order on unlimited Options and Equity Intraday trades….Plan Details.
| Currency & Commodity Derivative | : | Rs.20 per order unlimited |
|---|---|---|
| Margin Trading Interest | : | 0.025% Per day only |
| Demat AMC | : | Rs. 300 |
What is F&O in ICICIdirect?
To take the buy/sell position on index/stock futures, you have to place certain % of order value as margin. With futures trading, you can leverage on your trading limit by taking buy/sell positions much more than what you could have taken in cash segment. However, the risk profile of your transactions goes up.
Is Option plus intraday?
ICICI Direct OptionPLUS is an intraday product for Options Trading wherein you can place 2 orders simultaneously. The first will be a market/Limit order for buying Options contract and the second order is placed to limit the loss on the position by specifying the Stop Loss Trigger Price (SLTP) and a Limit Price.
How can reduce margin in ICICIdirect?
To convert intraday trades using margin to delivery trades, you need to pay the total trade value. While placing a margin order, you need to choose a Square off Mode. You have 2 options, client and broker mode. In client mode, you can open your buy position to remain open for T+2 days.
Is Icici direct better than Zerodha?
Zerodha is better than ICICI Direct in the following ways: Zerodha has a superior trading platform. Zerodha offers brokerage-free equity and mutual fund investment. ICICI Direct charges 0.55% brokerage for equity delivery. Zerodha call and trade charges are Rs 20 per trade while ICICI Direct charges Rs 50.
What is option 20 plan?
If you happen to trade in small option premiums i.e. less than 5 rupee and square off in quick movement i.e. within 5 minutes, you will be charged 20 per order. This exclusive discounted brokerage comes to you for both intra-day and carry forward trades at no conditions.
Which broker gives highest margin for option selling?
On the other hand for 1 lot of BankNifty it’s just Rs. 4000 (MIS).
| Broker | Margin |
|---|---|
| Asthatrade | Buying 2X times and selling options Up to 66x times |
| UPSTOX/RKSV | Up to 4x times |
| Zerodha | Up to 2.5x times |
| SAS online | Up to 20x times |
How do I trade options plus?
Steps to place ICICI Direct OptionPLUS order
- Login to your trading account.
- Visit the ‘Place Order’ link.
- Choose the product type as ‘OptionPLUS’ under the F&O trading section.
- Enter order details and click ‘Submit’.
How does ICICI Direct optionplus work for trading?
ICICI Direct OptionPLUS is an intraday product for Options Trading wherein you can place 2 orders simultaneously. The first will be a market/Limit order for buying Options contract and the second order is placed to limit the loss on the position by specifying the Stop Loss Trigger Price (SLTP) and a Limit Price.
Which is the best option broker for ICICI Direct?
ICICIDirect Neo Plan – Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 30 minutes from sell orders + Free trading tips. Open Instant Account Now ICICI Direct OptionPLUS is an intraday product for Options Trading wherein you can place 2 orders simultaneously.
Can you trade equity futures in ICICI Direct?
The funds available in Equity can only be used to trade Stocks, Equity Futures & Options, and Currency. So, if you already have sufficient funds in your Equity balance to trade then you can skip this step. ICICI direct offers you a 3-in-1 trading account which means you also have a bank account opened along with a demat and trading account.
Can you use margin plus on icicidirect.com?
Now you can with ICICIdirect.com’s MarginPLUS facility. A product especially designed for our intraday traders, MarginPLUS allows you to limit your losses on every position you take, and get higher leverage in equities trading, while trading intraday.
