Options stop loss based on underlying

[Orb]

Is there a way to place Options stop loss and target based on the underlying index futures price. Especially if it can be done directly from the underlying’s chart on tradingview.

That would be greatly helpful.

Thanks.

[PravinJ]

Hi @Orb Yes, that possible with Webhooks as Order type. Many of our traders use this feature and order type for same - trigger webhook via any alert that you have set.

[MKK]

Similar features are available with other traders and are simpler and part of the standard compared to the webhook feature. Is there any plan to develop this?

[Mohseen_Usmani]

Hi @MKK @Orb, you can also set the basket trigger order to set stop loss based on price movement on the underlying index or any scrip.