“To gain access to the ‘Easy Options’, customers need to predict the market’s direction, after which they will receive trading strategies based on their prediction. These strategies come with a limited downside, therefore the losses are capped,” Upstox said.
The move comes as Indian retail investors are increasingly exposing themselves to trading in the equity derivatives market where one can make high returns by taking on high risks. Since the beginning of the pandemic, retail investors have become a dominant player in the domestic equity derivatives segment taking the limelight away from foreign investors.
As of September 30, retail net inflows into the derivatives segment stood at a whopping Rs. 49,500 crore.
“By partnering with Sensibull, we would equip our customers with advanced and easy-to-use options trading solutions,” said Shrini Viswanath, co-founder at Upstox.
Upstox aims to provide its users access to Sensibull’s virtual options trading platform that allows users to trade in the F&Oa segment without using their own capital.
“Sensibull also has a marketplace of SEBI registered advisors where users can see the transparent and verified performance of advisors and choose to follow them. Customers can get real-time entry and exit alerts of trades by the advisors on Whatsapp and Mobile app,” Upstox said.
