7. Positions, stop-losses and targets

Each position shows its entry price, the price now, and its running profit and loss. The margin it needs is shown underneath.

Set a stop-loss and a target on each leg, in percent or in points. Here, a 30 percent stop-loss on both legs.

You can also protect the whole strategy, with a stop-loss and a target in rupees.

Now jump to the close. The call hit its stop-loss and closed by itself, while the put kept its gain.

You can close any open leg at the current price, or roll it to another strike.

Thank you for watching. Try it yourself, free, at algrow.biz.