How to Buy Options on Zerodha: A Comprehensive Guide

Zerodha is a popular online brokerage platform in India known for its low fees and user-friendly interface. If you're familiar with buying normal equity on Zerodha, then buying options will be a seamless process. This guide will walk you through the steps of buying options on Zerodha and offer some insights for traders of different investment horizons.

Understanding Nifty Options

If the Nifty futures index is trading at 16143 and you expect a bullish market, you can buy a Call option (CE) strike price at 16100 or 16000. The choice of strike price is based on your market view and risk management strategy. This is similar to buying normal stock on Zerodha; the remaining steps in placing the order remain the same.

Strategic Investment Perspectives

For small capital investments, a simple and convenient trading platform like Zerodha can be ideal. However, for larger capital and long-term investments, traditional brokers with demat/trading accounts offered by nationalized banks might be more appropriate. As we progress through the next 10-15 years, the demands of higher-priced life can overshadow the more complex and often greedy calculations of private brokers.

Buying Options on Zerodha

In the watchlist segment of the Zerodha Kite platform, you can simply type in the option name, such as 'Nifty November 12000 CE.' Click on 'Buy', and choose the quantity you want to purchase. For more learning and resources, you can follow my blog at and visit me on Twitter at @disciplinedtrder.

Zerodha: A Choice for Trading Professionals

Zerodha is an excellent option for traders who want nominal brokerage rates. In fact, no brokerage is charged for delivery trades. Even with a small commission, the services provided by Zerodha are top-notch, making it a preferred choice for many traders. If you're considering a Zerodha account, I'd be happy to guide you through the process.

Final Tips

Before placing an options trade, ensure that your futures and options are activated in your Zerodha account. Once activated, you can search for specific scripts and find the Call (CE) and Put (PE) options. Select your preferred CE or PE and place your order accordingly.

For those who prefer a visual learning experience, you can search 'How to buy options in Zerodha' on YouTube. There, you'll find many helpful tutorials and guides to help you understand the process comprehensively.