Motilal Oswal Options Store
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To provide assistance to beginner traders in the options market, Motilal Oswal came up with the new feature, Motilal Oswal Options Store.
Now what is it and why it is needed and what benefits a trader can reap with this are discussed in detail in this article.
What is the Options Store in Motilal Oswal?
After the peak margin rule that came into force in September 2022, there is a big transition of traders from equity intraday to the options market.
But, like every other trade segment, this was not as easy as it seemed and hence many traders lost their capital.
Even today, most options traders are beginners or have a limited understanding of the options market.
And, one of the major challenges for them is to choose the right strike price as per the market trend, picking the lot size, choice of expiry, and more.
Further, if the trader wants to create an option strategy the high volatility in the market, makes it difficult for them to pick the right strategy.
Now seeing such challenges of the traders and of course, the huge market size Motilal Oswal launched the new feature Options Store in the app exclusively for Options traders.
This feature provides the right guidance to the beginner and potential options traders in the market who struggle with one or two major challenges of an options trade.
One can access features of Motilal Oswal Options Store in MO Trader and MO Investor app to grab multiple option trading opportunities in the market and to:
- Create the correct option buying and selling strategy as per the market trend
- Place multi-legged orders in a single click.
- Check for the minimum value required to place trade-in options.
Here are some of the exclusive features of the Motilal Oswal Options Store:
- You can check the trends of major indices (Nifty and Bank Nifty) in real time.
- It provides the data to predict the next move in the market.
- Also, it gives real-time information about the call and put option along with the profit margin, and funds required to take the position.
- With this feature, one can access readymade option strategies that the trader can choose as per their risk and reward ratio.
- Also, the trader can customize their own strategy using Greeks and other advanced options features.
- One can use the Payoff chart to determine your profit and loss from the trade position.
- With this feature, you can add up to 4 legged orders and place all in a single click.
How to Use the Motilal Oswal Options Store?
Fascinated with the above features and benefits of the Options Store feature and want to use this feature to plan your next options trade?
Well! If yes, then you can reap the benefit for FREE just by opening a Motilal Oswal demat account.
The broker offers a seamless way to open a Demat account online. All you need are a few documents for KYC. And, to activate the derivatives segment you need to upload some additional documents like:
- Bank Account Statement (of last 6 months)
- Salary Slips (last 6 months)
- ITR Acknowledgement Slip
Once the documents get verified, your account gets activated within a few hours and you can begin your options trading journey using this exclusive feature.
Along with this, you can access the Motilal Oswal Research 360 App which provides you a detailed analysis of the options market along with the stock recommendation.
Motilal Oswal Options Store is thus the exclusive feature with the advanced trading strategies created by experts.
It makes it easier for almost every trader who wants to earn profits from the options market.
So, open a Demat account with Motilal Oswal now and explore this unique feature.
Willing to trade and invest in the share market? Get in touch with us now and we will assist you in choosing the right stock broker and in opening a demat account online for FREE!
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