Options Trading - Frequently Asked Questions

faq options

Q: What is options trading?

Ans: Options is a form of derivatives which can be traded on stock exchanges.

Q: What are options recommendations?

Ans: Clearnifty provides option recommendations to its premium users. You can have a look at all old recommendations here.

Q: How to become a clearnifty's premium user and get options recommendations?

Ans: You can get a free trial for 1 week by registering here. After 1 week, service is paid.

Q: Do you send options recommendations by SMS?

Ans: Right now, options recommendations are sent over email only and not by SMS. Emails are sent to your registered email-id between 3:00PM and 3:25 PM on every trading day. Note that there might not be a recommendation on a trading day if our trading system does not find any trading opportunity.

Q: How much quantity/lots to trade?

Ans: Quantity of lots to be traded depends on the capital you have. We generally recommend 1 lot of option to be traded.

Q: How to keep track of live recommendations?

Ans: Every recommendation is given with an exit condition. You have to keep track of exit conditions yourself and exit accordingly.

Q: Do you send an intimation to close the trade?

Ans: No. In the recommendation itself, we state the exit condition. A position can be exited under 3 conditions

You have to keep track of live prices of underlying and option yourself.

Q: How to learn options trading?

Ans: Get free trail of clearnifty's premium service here. Then as you receive live recommendations, do paper trades i.e., don't place traded with actual money but note them as if you would have done while actually trade. Then follow the trade everyday till it closes.

If you have any other query, feel free to mail us at feedback@clearnifty.com

Good Trading!

Clearnifty Team.

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