US stock market main indexes had a lukewarm time at the fag end of December. The mixed sentiment on Wall Street, with investors anticipating policy shifts under President-elect Donald Trump and the Fed’s interest rate cuts, sets the stage for cautious yet opportunistic trading. For Indian markets, such global cues often influence index movements like the NIFTY or sector-heavyweights like Reliance and SBI.
Affordable Options on Upstox Pro enables traders to tap into these market trends with contracts priced under ₹5,000 or ₹10,000, offering cost-effective exposure to both index and stock options.
For example:
- NIFTY 24,350 CE aligns with bullish sentiments influenced by global optimism.
- SBIN 820 CE presents a sectoral opportunity for traders expecting momentum in banking stocks. (screenshots attached)
How to Access Affordable Options on Upstox Pro
To view these contracts:
- Go to the ‘Discover’ section on Upstox Pro
- Click on the ‘Explore tab’
- Scroll down and select ‘Affordable Options’
- You’ll find a categorised list of options under ₹5,000 and ₹10,000, including:
- Index options: For those focusing on broader market trends.
- Stock options: Perfect for traders eyeing specific stocks like Reliance or SBI.
Why Choose Affordable Options?
Affordable Options showcases contracts that allow for smaller initial investments. With this tool, you can:
- Diversify your trades without overspending.
- Track budget-friendly opportunities across both index and stock options.
- Take positions in contracts like the NIFTY 24350 CE
As the markets evolve, staying informed and utilising features like Affordable Options can provide a strategic edge. Whether you’re an experienced trader or just starting, exploring budget-friendly contracts can help you diversify your portfolio while managing risk.
Have you tried this feature yet? Share your experience in the comments below!
Have more questions regarding this feature? Check out our FAQ post on Affordable Options.