Precautions for Clients Dealing in Options
This has reference to NSE circular ref no: NSE/INSP/52900 and BSE circular ref no. 20220706-55 dated July 6, 2022. It is hereby brought to the attention of clients that the following should be avoided w.r.t dealing in Options trading:
- Sharing of trading credentials – login id & passwords including OTP’s.
- Trading in leveraged products like options without proper understanding, which could lead to losses.
- Writing/ selling options or trading in option strategies based on tips, without basic knowledge & understanding of the product and its risks.
- Dealing in unsolicited tips through WhatsApp, Telegram, YouTube, Facebook, SMS, calls, etc.
- Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.