Auto-Calculate Max Option Lot Size On Charts

Dear Dhan Team,

I would like to request a feature that helps traders quickly determine the maximum number of option lots they can buy based on their available capital.

Current Issue:

When placing an options trade on charts, users manually enter the quantity or lot size. [Please check attached screenshots]
However, there is no direct way to calculate how many lots they can afford with their available funds. Currently, traders have to manually divide their available margin by the margin required per lot, which can be time-consuming, especially in fast-moving markets.

Proposed Feature:

  • Add a โ€œMax Lotโ€ button on the chart itself that automatically calculates and fills the maximum quantity based on available capital.
  • The system should consider the available margin and the margin required per lot when suggesting the maximum lot size.
  • This feature should update dynamically as prices change, ensuring accurate calculations.
  • A separate Enable/Disable button can be provided so traders who want to use this feature can enable it while others can keep it disabled.

Why This is Important:

  • Scalping Will Be Easier: This is especially beneficial for option buyers who need to make quick trades.
  • Avoids Manual Calculator Work: I use high capital, and it gets frustrating to manually calculate lot sizes for every scalping trade.
  • Faster Trade Execution: No need for manual calculations; traders can quickly execute orders.
  • Reduced Errors: Avoid mistakes when manually computing lot sizes, especially in volatile markets.
  • Better Capital Management: Helps traders utilize their funds efficiently without over-allocating.

Alternative Solution:

If this feature cannot be implemented within the platform, please let me know. In that case, I would appreciate guidance on setting this up externally using the Dhan API to achieve a similar functionality.

This feature would be incredibly helpful for active traders and improve the overall trading experience.

Looking forward to your response!

3 Likes

There could be just a button to be selected whether you want maximum lots, then just click on that button.
And if Sebi does not allow dhan to calculate that max lot.
We can set that personally in the settings, and we can change whenever our capital grows.

Exactly! The feature exists, but itโ€™s not practical for scalping since most traders execute directly from the charts.

Dhan does have this feature on their web and app, but itโ€™s not very usable for scalpers.

A simple toggle button on the chart interface itself would make it much more efficient.

If SEBI restrictions prevent Dhan from auto-calculating max lots, having a user-defined setting that can be adjusted as capital grows would be a perfect workaround!

@PravinJ, what do you think about this?

Hi @Dipesh, @shujain Welcome to Made for Trade Community!

We do have this feature on the App/Web order window, please refer to the below thread for more details.