FAQs for Super Multiple Option

What happens if the market moves up or downward?

Market movement will result in new strikes being automatically introduced. These strikes will be based on the current month's futures last traded prices. Any contract falling outside of this range will be automatically removed from the Super Multiple Option contract list. Modification / square-off will still be available for existing orders. You should note that the Super Multiple Option order type does not allow for trade of contracts if the strike falls within the above criteria.
 


What is Super Multiple Option?


Are Super Multiple Option orders available on all exchanges?


Are all contracts eligible for it?


What are the contracts available under Super Multiple Option?


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?