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F&O
Asked a question 8 months ago

hey, i wanted to know..can i buy a deep otm option and hedge it with selling out of money options on positional basis...is it possible? basically,i want to know, can i make an iron condor with deep otm options on positional basis..not on intraday on positional basis..

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Ankit Singh
Option Writing & Investments

Yes, unlike Zerodha FYERS does not have an Open Interest Restriction. You can buy/sell any strike you wish, just take care of the market depth (liquidity issues)