To hold a Futures & Options (F&O) position beyond the same trading day and carry it until expiry, you need to select the Overnight product type when placing your order in FYERS.
If you placed your F&O order under Intraday, you can convert it to Overnight from the Positions tab before the intraday square-off time.
Steps to convert intraday to overnight
- Go to the Positions tab.
- Select the F&O position you want to convert.
- Choose the option to Convert to Overnight.
- Confirm the conversion and ensure sufficient margin is available.
Notes
- F&O orders placed under Intraday will generally be auto squared-off from 3:25 PM if they are not converted to Overnight. The square-off time may be extended up to 3:30 PM depending on market volume and operational requirements.
- Ensure you meet the margin requirements for Overnight F&O positions to avoid penalties or auto square-off.
To learn more about segment-wise intraday square-off timings, refer to Intraday Square-Off Timings at FYERS
For complete information about the Closing Auction Session (CAS) and the revised Equity and F&O trading schedule, refer to the Closing Auction Session notice