Futures & Options

Trade BSE Futures & Options on Paytm Money: Your Complete Guide3 min read

September 27, 2024

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Trade BSE Futures & Options on Paytm Money: Your Complete Guide3 min read

The much-awaited launch of BSE Futures & Options is finally here!

Futures and Options (F&O) trading is a popular way to capitalize on market movements. Now, with Paytm Money, you have access to BSE F&O contracts. If you want to trade on key indices like SENSEX, or BANKEX, our platform offers seamless functionality and advanced tools to make trading easier and smarter. Here’s a breakdown of the key features, benefits, and steps to place a trade in BSE F&O through the Paytm Money app.

Key Features & Benefits of BSE F&O Trading on Paytm Money

Access to Key Index Contracts

  • Trade BSE F&O index contracts on major indices like SENSEX, and BANKEX.
  • Benefit from Friday expiry for SENSEX contracts, and Monday expiry for BANKEX contracts.

Unified Platform for NSE and BSE F&O

  • Manage both NSE and BSE F&O trading in one convenient app.
  • No need for multiple platforms—Paytm Money makes it easier to diversify your F&O strategies.

Steps to Place a BSE F&O Trade on Paytm Money

BSE F&O is available on the latest version of Paytm Money app. So, before we begin, please update your app to the latest version from Playstore or App Store.

Once you have the latest version, you’re ready to start trading BSE F&O contracts on Paytm Money. Here’s a step-by-step guide to placing your trade:

  • 1. Open the Paytm Money App and tap on F&O or Stocks in the header menu to get started.

 

  • 2. Search for a BSE F&O Contract : Tap the Search icon, then type “SENSEX options” (or any other index) in the search bar. 

 

  • 3. Open Contract Details: Tap on a contract to open the contract details page. You can access charts, market depth and other key performance data like OHLC on this page. You can also add the desired contract to your watchlist for easy access.
  • 4. Buy or Sell the Contract
    • On the contract details page, tap on Buy/Sell to go to the order pad.
    • Select your Order Type (Overnight or Intraday), enter the Price and Quantity, and swipe to place the order.
  • 5. Check Execution Status: Head to the Orderbook to check the status of your trade and see if it has been executed.
  • 6. Monitor P&L: Once your order has been traded, go to the Positions section in the app to check your current Profit & Loss (P&L).

Conclusion

With BSE F&O trading now available on Paytm Money, you can access more opportunities in the derivatives market. From Monday and Friday expiry contracts to advanced charting tools and order flexibility, our platform is designed to meet the needs of every type of trader. So, whether you’re just starting out or already an experienced trader, Paytm Money provides the perfect platform to boost your trading potential.

P.S: We will release trading features like Option chain, Price Alerts, GTT, Basket Orders for BSE F&O contracts soon.

 

Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532, Depository Participant – IN – DP – 416 – 2019, Depository Participant Number: CDSL – 12088800, NSE (90165), BSE (6707). Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For more details, please visit https://www.paytmmoney.com

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