Procedure for Buying a Stock - Option
Hi @VENKAT_28357461,
If you wish to buy Stock Options, please follow the below steps:
- Login to your Upstox app
- Open the Upstox app and log in using your 6-digit PIN or biometric authentication.
- Search for the Stock Option
- Go to the ‘Search’ bar on the home screen.
- Type the name of the stock (for example, Reliance) and select the ‘Options’ tab.
- You’ll see the available call (CE) and put (PE) options along with strike prices and expiry dates.
- Select the Contract
- Choose the desired option contract based on your market view (e.g., Reliance 3000 CE 24 Oct 2025).
- Place the Buy Order
- Tap on the contract to view details like Last Traded Price (LTP), Bid/Ask Price, and Open Interest.
- Click on Buy.
- Enter the Quantity and Order Type (Market/Limit).
- Review your order and swipe to confirm.
- Check Margin Requirements
- Ensure you have sufficient margin or funds in your trading account to place the order.
- You can check margin requirements under Funds → Margin Report.
- Order Execution and Position Tracking
- Once the order is placed:
- You can view your executed orders under Orders → Trades.
- The open position will appear under Portfolio → Positions.
- Monitor and Exit Position
- You can track price movements in real-time and square off your position before expiry if required.
Please note that you have F&O (Derivatives) segment enabled on your account. Ensure your Risk Profile and Income Proof are updated as per SEBI regulations. Option buying involves limited risk (premium paid) but requires market understanding. Hope this helps with your query.