It is little confusion arising reading all the discussions on availability of cover order/ bracket orders for index options trading.
Can you clarify the current status for index options trading?
If no then how an we implement OCO using API?
InteractiveBrokers provide this functionality, but their chats are not very user friendly.
Hi @oldbuoy
Bracket Order & Cover Order is not allowed in option trading. The reason being, second leg of both these orders is Stop Loss Market and SLM is not allowed as per the regulation in options without some protection, hence BO/CO not allowed for options trading as of now, but we will figure out something around this soon.