FAQs for Super Multiple Option

What are the contracts available under Super Multiple Option?

The available contract is determined based on the ATM level. ATM for Nifty is calculated using the Nifty current month future multiplied by 50. ATM for Bank Nifty is calculated by rounding the current month's future to the nearest multiple 100.

Nifty Put: ATM 500, ATM450, ATM-405, ATM-415, ATM-425, ATM-335, ATM-390, ATM-325, ATM-335, ATM-325, ATM-325, ATM-325, ATM-325, ATM-325, ATM-325, ATM-325, ATM-220, ATM-20, ATM-255, ATM-200 ATM-150 ATM-100 ATM-50 ATM, ATM+50 ATM+100
Nifty Call: ATM-100 ATM-50 ATM+150 ATM+150 ATM+200 ATM+250 ATM+300 ATM+350 ATM+400 ATM+450 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+500 ATM+450,+450,+450,+450,+450,+450,+450, plus 500,

Bank Nifty: ATM-1000 ATM-900 ATM-800 ATM-700 ATM-600 ATM-500 ATM-4000 ATM-400 ATM-300 ATM-300 ATM-200 ATM-100 ATM, ATM+100 ATM+200
Bank Nifty Call: ATM-200 ATM-100 ATM+300 ATM+400 ATM+500 ATM+600 ATM+700 ATM+800 ATM+900 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000 ATM+1000

These contracts are available at both the current week and month expiry. The current week expiry is the same as the current month expiry, so only one option (current month), would be available.


What is Super Multiple Option?


Are Super Multiple Option orders available on all exchanges?


Are all contracts eligible for it?


What happens if the market moves up or downward?


What is the maximum allowed quantity?


Are there additional fees for Super Multiple Option?


Is there a limit to exposure under this type of order?


How is exposure calculated?


What happens if I don't agree to my position by 3:20 PM?


How do I get rid of an open Super Multiple Option position?


Can I change a square off order that Market has placed previously at a limit?


If I subscribe to FIT/TFP, will brokerage be charged?


What is a UPIID?


What are the benefits of UPI?


Which customers are eligible for UPI?


How to create a UPI ID in BHIM APP - First Time User (example)?


When was UPI made available as a payment option for public issues?


When the UPI was made available as a payment option for public issues?


How can I choose UPI to pay for public issues?