Knowledge Base

F&O contracts work in baskets the same way equity stocks do. Use Search & Add to find the contract, select the expiry, strike, and type (CE/PE), then set quantity in lots, product type, and order type.

For multi-leg strategies like spreads, straddles, strangles all legs go into one basket and execute together. This reduces the chance of one leg filling at a very different price than the other.

Margin adjustment for multi-leg positions When you build a strategy with hedged legs for example, buying one strike and selling another the app adjusts the margin to reflect the net risk of the combined position. This is the difference between Max Margin and Final Margin on the basket screen. The Final Margin is what actually gets blocked, which for most hedged strategies is meaningfully lower than the sum of individual leg margins.

The Analyse feature F&O baskets have an Analyse button that opens a full strategy view showing:

• Payoff chart across index levels both at expiry and on a target date you can adjust
• Max Profit, Max Loss, Breakeven, and Probability of profit
• Strategy Greeks – Delta, Gamma, Theta, and Vega
• A plain-language strategy summary

Review this before placing any multi-leg trade. It gives you a clear picture of the risk and reward before a single order goes through.