Trading and investments in the stock market can really be time-consuming sometimes. But with 5paisa Basket Orders (BO) in FNO, you can now save valuable time by placing several orders at one click. Also, in the Option Derivatives Strategy, there's a maximum possibility that you can use BO as a strategy tool for your trades.

There are Multi-legged strategies that you can implement with the help of the Basket Order such as:

1) Bull Call Spread Strategy:

A Bull Call Spread Strategy is meant for those investors who stay quite bullish about the market and expect a slight rise in the price of an underlying instrument. This strategy involves two positions buy a Call Option and Sell of a Call Option. i.e. Buy Infosys ITM (In the money) Call Option and Sell Infosys OTM (Out of the money) Call Option.  A trader mainly enters into this strategy to limit their risk and maximize the rewards.

2) Bear Put Spread strategy

A Bear Put Spread is a type of options strategy, where an investor expects a moderate-to-large decline in the price of a security or an asset and wants to reduce the cost of holding the option trade. A bear put spread strategy is implemented by a bearish investor who wants to maximize the profit while minimizing losses. Therefore, in this strategy, you can Buy Infosys OTM(Out of the Money) Call and Sell Infosys ITM (In the Money) Call. Save the same basket on the 5paisa application/terminal and execute it anytime in future with just a single click.

Above mentioned are some of the strategies that you can use while trading via the 5paisa Basket Order facility and make your trades less tedious and more effective.