OCO Sell order for FnO Intraday

Markets Discussions
1

Hi,

I have two questions regarding Sell OCO order for options intraday trading.

  1. Can it be placed on the day of expiry for a particular index?
  2. If there are more lots per order like 120 lots for Banknifty. Do I need to place 2 separate OCO order for 60-60 lots each or 1 order for 120 lots will work?

Thanks and Regards,
Prashant Shukla.
9455001104

2

Hi @Prashant_Shukla Glad to see you after long time!

Yes, you can place OCO order for your open position on expiry day. Also, iceberg order type is not applicable under Forever, so for FNO that ensure quantity is as per freeze limit of specific contract.