No, not all strategies in the ‘Pick Strategy’ flow are hedged strategies. ‘Pick Strategy’ flow is categorised into two: Low-risk Strategies and High-risk strategies.

Low-risk strategies carry lower risk with lower return, while high-risk strategies involve higher risk and higher returns.

Strategies under the ‘Pick Strategy’ flow.

Here are the strategies under Upstox’s ‘Pick Strategy’ flow.

• Bullish Strategies

Bull call spread with low-risk and long call consisting of high-risk are included under bullish strategies.

• Bearish Strategies

Bear Put Spread carrying moderate risk and Long Put with high-risk are included in bearish strategies.

• Volatile Strategies

Under a volatile strategy, Long Straddle is included which carries high-risk.

• Neutral Strategies

In neutral strategies, Iron Condor with low-risk and short straddle with high-risk are included.

Among these Bull Call Spread, Bear Put Spread and Iron Condor are hedged strategies while Long Call, Long Put, Long Straddle and Short Straddle are unhedged strategies.

How to Use ‘Pick Strategy’ flow in Upstox?

Follow the steps below to avail a ready-made pick strategy tool.

Step 1: Log in to Upstox’s app using biometrics.

Step 2: Go to ‘Upstox for Traders’. At the top of the screen, you will see Indies with their current price.

Step 3: Click on either one that you want to set a pick strategy flow for. Index details will appear on the screen.

Step 4: At the bottom of the screen, click on the ‘Pick Strategy’ button in purple. Choose any one of the four strategies: Bullish, Bearish, Volatile, and Neutral strategies.

Step 5: Pick any one strategy, and you will see multiple ready-made options strategies with insights. You can select any one of them.