Hello everyone,
Continuing with our ‘Upstox Advantage ’ series, I’m thrilled to introduce another feature designed to help new traders get up to speed.
Introducing Quick Trade – a robust feature that generates a curated list of options contracts tailored to your view on underlying assets, namely Nifty and Bank Nifty, whether bullish or bearish, and your specified trade budget. You can trade based on your budget from these three budget categories: below Rs. 5000, between Rs. 5000 and Rs. 20000, and above Rs. 20000.
Once you provide these inputs, Quick Trade swiftly presents a list of options featuring the highest open interest or the most active options within the below Rs. 5000 or between Rs. 5000 and Rs. 20000 budget categories. Additionally, if you opt for budgets exceeding Rs. 20000, we offer a selection of option strategies that are low risk and have a high probability of success. We also display the potential profit based on the underlying security’s movements.
You can access this feature conveniently within the home and explore sections of the discover tab. Give it a try, and we eagerly await your feedback and suggestions.
Note: Currently, Quick Trade is exclusively available for Nifty and Bank Nifty options. However, thanks to your valuable feedback, we’re actively working on incorporating Finnifty and Sensex options soon.