Can I customize the products and order preferences in InstaOptions?
Yes, you can customize your order preferences in Fyers InstaOptions platform according to your trading style and risk appetite. Here are the steps to do so:
- Login to InstaOptions and click on your profile available in the right hand corner of the InstaOptions page.
- Go to Setting and you’ll find a significant customization options such as:
Settings | Options | Description |
Price Type | Close Price / Open Price | Choose whether to calculate your positions based on the closing price or the opening price of the scrip/contract |
Margin Benefit (MB) | MB (Yes) / MB (No) | Choose whether to place buy orders first to get margin benefit or place orders randomly |
Product Code | INTRADAY / CNC / MARGIN | Choose the product code for your orders: Margin Intraday Square-Off, Cash and Carry, or Normal/Carryforward |
Product Type | Limit / MKT / SL / SL-M | Choose the product type for your orders: Limit, Market, Stop Loss, or Stop Loss Market |
DAY / IOC | DAY / IOC | Choose whether to place orders that are valid for the day or immediate or cancel |
Others | Lot | Choose the lot size for your orders |
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