What is Desired Premium section in Smart Strategies?
The
"Desired Premium" section within Smart Strategies allows you
to define the specific price point (premium) at which you want your strategy to
enter a trade. Your strategy orders will only be placed when the market premium
reaches your desired level.
Note: If you choose "market orders" within your
strategy at a desired premium and it gets bypassed, your orders will then be
executed at the prevailing market price.
Related Articles
FAQs on Smart Strategies
What are Smart Strategies? Smart Strategy enables you to execute your option strategy with Defined Entry and Exit parameters. Where can I find Smart Strategy on 5paisa? We have made available the Smart Strategy section on Our FNO 360 portal. Visit ...
What are Smart Strategies?
In options trading, smart strategies include defined entry and exit parameters and techniques such as covered calls, protective puts, and iron condors. These strategies optimise performance by continually refining approaches and managing risks. The ...
What is the Exit Parameters section on the Smart Strategies platform?
The "Exit Parameters" section on the Smart Strategies platform allows you to define exit conditions for your strategy. Here are a few pointers that you can set using exit parameters: Target Prices Specify profit targets at which you want to exit your ...
Can I modify the strategy once placed via Smart Strategies?
Yes, you can modify strategies with Smart Strategies. In fact, you have the flexibility to adjust your strategy's exit parameters even after submitting the strategy. It also allows you to fine-tune your profit targets, stop-loss levels, or trailing ...
Which strategy I can execute using Smart Strategies?
5paisa offers you the flexibility to choose from two options with Smart Strategies: Predefined Strategies :5paisa provides a selection of predefined strategies that you can readily deploy. Custom Strategies :You can also create your own custom ...