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Which strategies are available under the ‘Pick strategy’ flow?
Under Upstox’s Pick Strategy flow, you have multiple ready-made strategies that you can use as per your risk appetite.
Strategies under the ‘Pick Strategy’ flow:
Here are the strategies under Upstox’s ‘Pick Strategy’ flow.
- Bullish Strategies:
Bull call spread and long call come under bullish strategies.
- Bearish Strategies:
Bear Put Spread and Long Put are included in bearish strategies.
- Volatile Strategies:
Under a volatile strategy, Long Straddle is included.
- Neutral Strategies:
In neutral strategies, Iron Condor and short straddle are included.
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 certain Indices 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.
Step 6: Next, set the trade details and submit the order.
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