Trade With Data, Not Emotion

How to place order in OPIFY option simulator

Dipendu | Oct. 27, 2024, 12:56 p.m.

Navigating the options simulator and placing your first trade is easy. In this guide, we'll walk you through the order placement steps, complete with screenshots to make it even clearer. Here’s how to do it

Step 1: Open the Option Chain Table

For Desktop/Laptop Users: Scroll to the bottom of the page where you’ll find the option chain table. This table shows the available strikes with details like strike price, call/put options, and latest prices (LTP).

For Mobile Users: Tap the green "Option Chain" button to bring up the option chain table. If you need additional data, click the Filter icon on the table to narrow down specific parameters.

Step 2: Select Strike Price and Action

Browse through the option chain table and pick the strike price you want to trade. To place an order:
Simply click on the "Buy/Sell" button beside your chosen strike. For this guide, let's say we’re selecting the 24650 Call option.

Step 3: Enter Lot Size and Transaction Type

Once you’ve chosen a strike:
Select your lot size and transaction type Click the "Buy" button to confirm your order. If you’d like to adjust the quantity at the current market price, you can do so after placing the initial order.

Step 4: Simulate Using the Navigation Buttons

To move forward or backward in the simulation:
Use the Next or Previous< buttons to continue. For a more tailored experience, you can also customize these buttons by clicking the "Custom" button. For an in-depth guide on customizing these buttons, refer to our Custom Button Setup blog.

Step 5: Edit, Exit, or Delete a Position

To modify an open position:
Click the Edit, Exit, or Delete button as needed.

Happy trading, and enjoy exploring your options on our platform!