We recently made significant product improvements to the Options Trading experience for Super Trades on both our apps - Dhan & Options Trader. Our improvements include updating the Baskets Experience, Margin Benefits on Basket and of course the improved Options Chain experience on the Dhan app which we didn’t announce but have let our users experience it themselves.
Is that all? No - we continuously work to bring the best Options Trading experience for our users on Dhan. And this has been from Day 1 - Dhan offers deep OTM / ITM options to trade, allowing real-time trading for Options directly on TradingView Charts (tv.dhan.co), and now are also building our full fledged Options Trading app - Options Trader by Dhan that we recently made live for all.
We know that Option Chain is one of the important tools for Options Traders to analyse and choose the right ITM/OTM contract for the strategy. To trade options strategy and get the view of proper hedge benefit, traders use basket orders on Dhan.
We admit, we have received so many requests for this feature that we had to prioritise this - connecting two of the most popular features on Dhan for Option Traders, which is Option Chain & Baskets.
Yes, now you can Add Options Scrips directly from the Options Chain
Open the Option Chain of desired underlying and select the expiry from horizontal scroll on top. With strike price in between to separate Puts & Calls on right & left side respectively, tap on the scrip to trade.
You will get a preview-view of respective Put or Call with details of that options contract like LTP, OHLC, market depth, actions to buy-sell, charts, alerts and adding to watchlist & basket.
Tap on the Basket, another dialog box will pop-up with names of already created baskets and an option to create a new one. Select the basket of your choice and you are good to go.
This was built so that Supertraders like you don’t lose on opportunity while analysing, creating or adjusting the strategy. Markets are dynamic and fast, so should be your trading setup.