Question 1

What are the key features of the Options Scalper on Sahi?

Accepted Answer

1. Free-flow split screen: See the option chart and index chart right next to each other, on the same screen on your mobile.
2. True single-screen experience: View your positions and orders right on the chart while trading so you don't have to switch screens to check them.
3. Trade from the chart: Set stoploss or take profit for all your positions right from the chart.
4. Set default quantity: You can pre-set default order quantity and quickly execute at market price. This helps you to stay on the chart screen and monitor market movements every second.
5. Track your positions at the trade level: You can now view each unique position in detail as you enter it, making it easier to track individual trades without the hassle of back calculating from the day's average orders.
6. Large order split: If you order quantity is greater than freeze quantity, we will split the order into multiple smaller order for quick execution.

Question 2

What are the pills I am seeing on the option and index chart?

Accepted Answer

There are 3 types of pills you will see on the charts:
1. On the option chart: You can see the position pill there consisting of the position open quantity and current nett. P&amp;L there. You can tap on the position pill to activate the bottom trade panel. Once you tap on the position, you can also tap on X to exit the position quickly
2. On the option chart: You can see the open orders pill. These pills exist for your open Stoploss and Take profit orders. The pill consists of the order type(SL/TP) along with the P&amp;L of your position if that respective order is executed. You can also tap on the orders pill and drag it to change the Stoploss or the Take profit price.
3. On the index chart: Designed for someone who wants to see their open position in option while looking at the index chart. You can see your position pill on chart consisting of the respective option name and the nett. P&amp;L. You can tap on the position pill and either immediately close the position or manage it using the bottom trade panel.

Question 3

How can I see the money required to place the order?

Accepted Answer

The margin required to place your orders is available inside the Buy and Sell button. The value changes dynamically based on the LTP or the quantity you select.

Question 4

Which instruments can I trade in Options Scalper?

Accepted Answer

Currently we support trading call &amp; put options in Options Scalper in the nearest 2 expiries of five indices - Nifty50, Banknifty, Finnifty, Midcpnifty &amp; Sensex.

Question 5

How to see todays' orders in Options Scalper?

Accepted Answer

You can see all your todays' orders under the 'Orders' tab accessible from the left panel. The different sections are Open, Closed, Rejected and Cancelled orders.

Question 6

How do I see 2 charts at a time?

Accepted Answer

Once you enter the Options Scalper, use the centre dragger to view the option chart along with the index spot/future chart.

Question 7

How can I exit my positions?

Accepted Answer

You can exit your positions by
- Tapping on the position pill on either Index chart or Option chart and clicking on "Exit"
- You can place a counter order of the position quantity from the trade panel

Question 8

What is Live analysis section?

Accepted Answer

Live analysis section give a comprehensive view of market by provind different data points. It provides OI and OI change across strikes, technicals, Advance-Decline Ratio, PCR, ATM IV and ATM Straddle price for the respective index. You can visit this section by tapping on Live Analysis on the left panel in Options Scalper.

Question 9

Why is Options Scalper in landscape?

Accepted Answer

We’ve introduced the Options Scalper in the landscape mode to give you more space on a mobile phone to view the charts in greater detail.

Question 10

Is there an auto-square off time for Options Scalper positions?

Accepted Answer

All your Options Scalper positions square off at 3:20 PM. Any pending orders are also cancelled as all Intraday orders and positions are closed at that time.

Question 11

How to see closed positions in Options Scalper?

Accepted Answer

You can see your closed positions under the 'Positions' tab accessible from the left panel.

Question 12

How to I enter the Options Scalper on Sahi?

Accepted Answer

There are 3 ways to access Options Scalper:

1. Tap on "Trade" button on the bottom of the app and then tap on Options Scalper
2. On the home screen - tap on the 'Trade up'/'Trade down' buttons in the market analysis widget
3. On the supported index/future/option details page, tap on 'Enter Options Scalper'

Question 13

How to manage positions in Options Scalper?

Accepted Answer

You can manage your positions by tapping the pills for respective position on either index chart or option chart or by tapping on the 'Position' tab.

Question 14

How to see the option chain?

Accepted Answer

There are 2 ways to access the option chain in Options Scalper:
1. Tap on 'Option Chain' written at the top of index chart
2. Tap on the option name at the top of the option chart

Question 15

Which expiries are allowed in Options Scalper?

Accepted Answer

Currently we allow the first 2 nearest and expiries in Options Scalper to support quick execution with minimal slippages.

Question 16

How can I quickly switch between call and put in Options Scalper?

Accepted Answer

You can switch between Call or Put loaded in the secondary screen quickly by tapping on the Call/ Put switcher near to the option name on the secondary chart.

Question 17

Where can I see open positions in Options Scalper?

Accepted Answer

Open positions are visible at three places:
1. On the index chart, you can see the position pill with the respective option name along with the P&amp;L
2. On the option chart, you can see the quantity of the position along with the respective P&amp;L
3. You can also see the detailed view of your open position in the positions panel accessible from the left panel

Question 18

Where are my funds visible?

Accepted Answer

Currently we don't supoprt viewing Funds inside the Options Scalper. You can view your funds by exiting Options Scalper and accessing your funds in the profile section.

Question 19

What is the brokerage charged in Options Scalper?

Accepted Answer

There is no additional pricing for Options Scalper feature. Please refer the pricing plan for charges.

Question 20

What quantity can I trade in Options Scalper?

Accepted Answer

You can trade any quantity in Options Scalper. If your order quantity is higher than the freeze quantity, then we will split the order automatically for you. You can also define a default order quantity for faster order placement.

Question 21

How to change candle size in Options Scalper?

Accepted Answer

In Options Scalper, you can adjust the candle size by tapping on the three dots in the top-right corner of the chart. As an industry-first feature, Sahi offers an incredible 5-second candlestick option—perfect for taking your scalping experience to the next level!

Question 22

What is the Top Options section?

Accepted Answer

Top options lists the At The Money, Highest OI and Top Traded options for a particualr index for its nearest expiry. These contracts tend to be the most liquid and highest traded options, giving users low slippage and faster execution. You can access Top Options panel by tapping on Top Options button on the left panel.

Question 23

Can i see index futures chart in Options Scalper?

Accepted Answer

Yes you can easily switch between the index futures and index spot chart in Options Scalper by tapping on ‘INDEX’ or ‘FUT’ on the top of left chart.

Question 24

What is Sahi Options Scalper?

Accepted Answer

The Options Scalper on Sahi is a lightning fast trading terminal where you can enter and exit option positions in just a few seconds with all the desired safety tools.

Question 25

What orders can I create in Options Scalper?

Accepted Answer

You can execute market orders in Options Scalper on any index option from the following indices - Nifty50, Banknifty, Finnifty, Midcpnifty &amp; Sensex. All these orders would be placed under the INTRADAY product code and any open position would be auto squared off anytime after 3:20 pm.

Question 26

How to change quantity in Options Scalper?

Accepted Answer

In Options Scalper, you can adjust your order quantity directly by tapping on the quantity displayed on the screen or by using the +\- button.

Question 27

Can I use indicators in Options Scalper?

Accepted Answer

You can use indicators in the Options Scalper. Indicators can be accessed by tapping on the three dots in the top right corner of chart.

Question 28

How to change index while using Options Scalper?

Accepted Answer

Effortlessly switch between indices in Options Scalper by tapping on the current index at the top and selecting your preferred index from the list.

Question 29

Which charts can I load in the split screen mode?

Accepted Answer

You can view the index spot or future chart while also looking at the option chart of any option. You can drag and resize between these two charts as well.

Question 30

How do I change the option loaded in second chart?

Accepted Answer

You can change the option loaded in the second chart by tapping on the second chart's name and initiating the option chain. Select your desired contract from the option chain to view its chart.

Question 31

Where can I see my stoploss or take profit?

Accepted Answer

You can track your stop-loss or take-profit orders in three different places:

Option Chart: Your stop-loss or take-profit order will appear directly on the option chart with the respective estimated P&amp;L. You can tap on the order to either cancel it or adjust the price by dragging the pill. Only open stop-loss or take-profit orders are visible here. Any cancelled, executed, or rejected orders can be found in the Orders panel.

Orders Panel: Your stop-loss or take-profit orders are also visible in the Orders panel, where you can check their status under the respective status section.

Bottom Trade Panel: In the trade panel, you'll see a label saying 'SL set' for stop-loss orders, along with the respective stop-loss price. The same applies for take-profit orders, with the corresponding price displayed.

Question 32

Where can I set my stoploss or take profit?

Accepted Answer

We offer two convenient ways to set your stop-loss or take-profit orders:

Option Chart: Simply tap on your position on the option chart, and you can set your stop-loss or take-profit by dragging the respective 'SL' or 'TP' pill. As you drag, you’ll see the potential P&amp;L once the order is executed, giving you a real-time preview of the outcome.

Bottom Trade Panel: You can also set your stop-loss or take-profit orders in terms of price, percentage, or points directly from the trade panel. Once the trade panel is open, tap on the 'Set TP' or 'Set SL' to open the TP or SL order form. There you can easily switch between price, percentage, or points, define your level, and tap 'Apply' to place the order.

Question 33

How can I enable Trailing SL on my position in Options Scalper?

Accepted Answer

You can enable trailing stoploss on a position by two ways:
Bottom Trade Panel: By tapping on Add SL, you can trigger the SL order form. Therein, you can set the Trailing SL on by selecting in the order form
Option Chart: When you have an active SL, that is visible on the option chart. You can tap on the SL pill on chart, within the further setting on SL, you should be able to add Trailing SL by tapping on "Add Trail"

Question 34

Which indices can I trade in Options Scalper?

Accepted Answer

Currently we support Options Scalper in the nearest 2 expiries of five indices - Nifty50, Banknifty, Finnifty, Midcpnifty &amp; Sensex.

Question 35

Are my orders Intraday or Normal in Options Scalper?

Accepted Answer

We currently allow Intraday orders in Options Scalper.

Question 36

How to set quantity defaults in Options Scalper?

Accepted Answer

Default quantity can be set in Options Scalper by tapping on the customize drawer accessible from bottom left corner on screen. You need to tap on apply to ensure that the set default quantity is saved. To check your existing order quantities, tap on the icon on the bottom left corner of the Options Scalper chart screen.

Question 37

Where can I see open orders in Options Scalper?

Accepted Answer

We want you to action on your open orders fast. Hence we allow you to see your open orders at two different places:
1. Your open Stoploss, Take profit or pending orders are visible on the option chart itself. You can drag the order pills to change the order price
2. All of your open orders are also visible from the orders panel on left side. You can also tap on orders present there to go to relevant option chart

Question 38

Can I turn off the orders pills on the options chart?

Accepted Answer

If you find the orders pills on the index or option charts distracting or unnecessary, you have the option to disable them. You can turn them off individually for either the index chart or the option chart or both. To do this, simply tap on the three dots icon at the top of the chart, then access the additional settings by tapping on the four-box icon. From there, you can toggle the "Open orders" setting on or off. Repeat this process for both charts if you wish to disable the tabs on both.

Question 39

How can I disable Trailing SL on my position in Options Scalper?

Accepted Answer

You can disable trailing stoploss on a position by two ways:
Bottom Trade Panel: By tapping on your active SL, you can trigger the SL order form. Therein, you can disable the Trailing SL on by deselecting it in the order form
Option Chart: When you have an active SL, that is visible on the option chart. You can tap on the SL pill on chart, within the further setting on SL, you should be remove the Trailing SL by tapping on "Remove Trail"

Question 40

What happens to my stoploss or take profit order once I exit my position?

Accepted Answer

Your Stop Loss or Take Profit are always mapped to the position quantity. When your exit a postion, your Stop Loss or Take Profit orders will automatically be cancelled by Sahi.

Question 41

Why is my order not executing and standing in pending state?

Accepted Answer

This happens when the order price is not reached. In the case, where your buy order is less than the market price then the order lies as a pending order. Also in the case, where the sell price is higher than the current market price it stays as a pending order.

Question 42

How to see your open positions in Options Scalper?

Accepted Answer

You can view your open positions in three convenient locations:

- On the index chart, where your open position is linked with the option name.
- On the option chart, displaying the net quantity of your position.
- In the 'Positions' panel, accessible from the left side panel.

Question 43

Can I turn off the positions pills on the options chart?

Accepted Answer

If you find the position pills on the index or option charts distracting or unnecessary, you have the option to disable them. You can turn them off individually for either the index chart or the option chart or both. To do this, simply tap on the three dots icon at the top of the chart, then access the additional settings by tapping on the four-box icon. From there, you can toggle the "Open positions" setting on or off. Repeat this process for both charts if you wish to disable the tabs on both.

Question 44

How can I cancel my stoploss or take profit?

Accepted Answer

You can cancel a Take Profit or Stop Loss order by viewing them on the options chart. When you tap on the StopLoss or Take Profit, you can cancel them by clicking on the X. You can also cancel the Stop Loss or Take Profit by opening the Stop Loss or Take Profit order form from the bottom panel.

Question 45

Where can I see my realized and unrealized P&L?

Accepted Answer

The P&amp;L panel accessible from left panel has information to your realized and unrealized P&amp;L.

Question 46

Why do I see multiple closed positions for a single option contract?

Accepted Answer

After speaking with a lot of traders, we realized that traders look at each entry and exit in order to define their Stop Loss and Take Profit. Hence, to facilitate that, along with giving users ability to audit each trade entry they made - we have introduced Trade Level details. Users see multiple row entries because every entry point in the instrument is marked with 1 entry.