I am planning to shift from Zerodha to Dhan, but I’ve encountered a surprising issue: Dhan isn’t allowing me to sell far OTM stock options. Can someone clarify what went wrong?
@Naman Could you please explain what allows Zerodha to accept this type of order and Dhan not? I have been doing this with Zerodha for over half a decade now and have taken multiple deliveries as well. I would also like to know what the charges would be if OTM stock options become ITM and delivery happens automatically by the system.
@PravinJ @Mohseen_Usmani Do you have any idea?
Hi @RahulDeshpande Hope you’re doing good. Can you kindly assign someone to help out with this query? I am also kind of interested to know this, since Dhan never blocks anything as per my experience. As far as I remember, Dhan was also okay with long dated options earlier so kindly help out with this clarification. Thanks!
Hi @Divaksh,
You can place a Normal (Delivery) order for all contracts. However, for Intraday trading, only contracts with a duration of 45 days or less are permitted. For more details, we request you to refer to the Table 1: Derivative contracts allowed for trading in our risk policy under the Products section.
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Hi @thisisbanerjee, We hope this helps clarify your query as well.
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Sounds good, it took a week to figure this out. There is no tooltip or documented help regarding this. Thanks for the clarification. I was able to take position today.