Using a Strategy Builder tool in Upstox has many benefits such as knowing the margin benefit you will get in a hedged position, planning and executing a big trade strategy at one go, etc. Let us know how to create a strategy using the Upstox Strategy builder tool. This strategy builder tool is available in both the app and web versions.
- Go to your UPSTOX app and log in.
- Click on “Option Chain,” which appears on any scrip you want to trade.
- Tap on ” Build Option strategy”.
- Select the strike and Click “Buy” or “Sell.”
- Put the quantity and price.
- Then tap the “Add to the strategy” button.
- The order will be added to the review tab, and keep adding other legs, as per your strategy.
- Once all the legs are added, click on the Review strategy and tap on “Continue.”
- Then on” Swipe to place order.”
- You can view the status of orders.