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Exploring Product and Features ६

How to trade options on punch

Options trading on Punch

Trade options on Punch with direct access to strike prices and real-time call/put data. Simple scrolling adjusts lots, and a tap executes trades swiftly.


 

Trade via chart - Strike Lines


Plotting Strike Lines

  • Your option strike prices are visible on the right side of your screen.

  • Tap a price to plot the strike line. It appears instantly on your spot chart.

  • You can plot multiple strikes, pan the chart to view different strikes, and see real-time spot prices for indices and LTP for stocks in the purple pointer box on the right.

 

 

 


Checking Call and Put Prices

  • For each plotted strike, real-time Call (yellow) and Put (blue) prices appear on the left, placed on the strike line.

 



Placing a Buy or Sell Order

  • Options traders on Punch have a unique order form experience. Tap on Call or Put for the chosen strike price to open the order form.

  • Use the lot size scroll quantity

  • Switch to select a Buy order or Sell order



Placing a Buy order

 

Placing a Sell order

 

 



Changing Lot Size

  • Adjust your lot size by simply scrolling the lot size values up or down or using the type function to set your desired lot size. 

 



Punching an Order

  • After setting up your order, tap the green button at the bottom to Punch the trade. Use the switch to take a sell order.

 

 

 

Trade via option chain

On Punch you can trade via option chain as well, which you can access via the jump to menu of the particuar scrip.

 

  • Tap on Jump to
  • Toggle the OI/Price view and the tap on Call or Put price

 

Customisable Widgets

Explore customisable widgets on Punch to get real-time updates on options data like OI, VIX, PCR, and top traded strikes, all set to your trading needs.

  • Widgets on Punch provide key options data directly from NSE.

  • Our widget tab includes real-time updates on OI, OI change, top traded strikes, VIX, PCR, among other data.

  • Each widget offers different visualisations. Set your preferred view as the default and change it whenever needed.

  • Access widgets by swiping in from the top right corner and close them with the “X” button at the bottom.

 

Scrip Selection

Scrip selection

Switch scrips with a tap, and scroll to access various charts.

 

  • Punch offers all NSE indices and stock options with NIFTY as the default., BANKNIFTY, FINNIFTY, and MIDCAPNIFTY — and NSE stock options.

  • The default scrip upon opening the app for the first time is NIFTY.

  • To switch scrips, tap the switch icon at the bottom-centre of the screen → choose between Index and stocks → scroll right to left on the carousel to view all the available scrips → tap on a scrip to view its chart.