UPL / United Phosphorus NSE
cur_ltp 00.00 (1.04%)
Here's how you can start trading UPL / United Phosphorus options on Dhan:
Yes, UPL / United Phosphorus is eligible for options trading in India. You will need to open a trading account with Dhan to get started. Dhan allows you to access features like instant margins, TradingView charts, live scanners, and more for trading cut and put options of stocks like UPL / United Phosphorus and others.
Dhan gives you access to the top 5 traded contracts of UPL / United Phosphorus options for . This includes call and put options.
All options contracts come with an expiry date after which they may become invalid. That’s why you won’t be able to trade UPL / United Phosphorus options contract once it expires. Although one of two events can happen post-expiry:
Yes, you can sell put options of UPL / United Phosphorus without owning the underlying stock. But you will end up in a short position. Remember, you’ve essentially borrowed stocks with the intention of returning them later on if you’ve sold a put option without owning UPL / United Phosphorus. However, you will require a sufficient margin for any of this to happen.
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