How Can I Trade Commodity Options in Sharekhan?
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Through their different trading platforms, Sharekhan offers traders convenience and flexibility while trading commodity options. The Sharekhan website, Sharekhan Trade Tiger, and the Sharekhan Mobile App are the three main platforms that Sharekhan provides for trading options. For individuals who prefer placing orders over the phone, they also have a dial-n-trade option.
Website for Sharekhan
Options trading can be done on Sharekhan’s user-friendly web trading platform. Follow these steps to start trading commodity options on the Sharekhan website:
Step1: Login to Sharekhan Website: Visit the Sharekhan website and log in using your Trading Login ID or Registered Email ID and password provided to you.
Step 2: Access TradeNow: Once logged in, navigate to the “TradeNow” section of the website. This is where you can initiate your options trading activities.
Step 3: Understanding Option Chain: Before placing an options order, it’s essential to understand the option chain. The option chain provides information about various strike prices, option types (Call or Put), and their respective premiums. This information is crucial for making informed trading decisions.
Step 4: Place a Buy Call/Put Option Order: After understanding the option chain and deciding on your trading strategy, you can place a Buy Call or Put Option Order. Specify the contract, strike price, quantity, and other relevant details as per your trading plan. Review your order and confirm it.
Sharekhan Trade Tiger
Sharekhan Trade Tiger is a trading platform that can be installed and offers cutting-edge tools and features for options trading. Using Sharekhan Trade Tiger, you may trade commodity options:
1. Download and Install: First, download and install the Sharekhan Trade Tiger software on your computer.
2. Login: Launch the Trade Tiger software and log in using your trading credentials.
3. Option Chain Analysis: Utilize the advanced features and tools within Trade Tiger to analyze the option chain, perform technical analysis, and develop your trading strategy.
4. Place Orders: Once you have determined your trading strategy, you can place buy or sell orders directly within the Trade Tiger platform.
Sharekhan Mobile App
For traders on the go, Sharekhan offers a mobile trading application. To trade commodity options on the Sharekhan Mobile App:
1. Download the App: Download and install the Sharekhan Mobile App on your smartphone or tablet.
2. Login: Open the app and log in using your trading credentials.
3. Mobile Trading: Use the mobile app to access real-time market data, perform technical analysis, and place buy or sell orders for commodity options.
4. Dial-n-Trade: Sharekhan offers a dial-n-trade tool for individuals who prefer a more individualized approach. A Sharekhan agent can be contacted and asked to place a buy or sell order on your behalf. If you need help making orders or if you are uncomfortable with internet trading, this option is extremely helpful.
Conclusion
Sharekhan provides a variety of platforms and trading alternatives for commodities options, taking into account the preferences and requirements of various traders. Sharekhan offers you the resources and assistance you need to successfully trade commodities options, whether you prefer to use the website, the Trade Tiger platform, the mobile app, or dial in your orders.