Frequently Asked Questions

Can I change my phone number on the Upstox ?

You can change your phone number on the upstox account by opening an online service request. How to Change Your Phone Number in Upstox Go to www.upstox.com Click 'Sign in' > 'Dashboard' Login to the dashboard (upstox Back Office) Click …


How I can change my email address on the Upstox account ?

You can change your email address on the upstox account by opening an online service request. Steps to Change Your Email ID in Upstox Go to www.upstox.com Click 'Sign in' > 'Dashboard' Login to the dashboard (upstox Back Office) Click …


How a person can close upstox account ?

Upstox accounts may be closed by submitting a request for account closure. On the upstox website, you can find an empty PFD form. You cannot cancel your Upstox account online. This is an offline process. You will need to sign …


Does Upstox do Proprietary trading ?

Upstox does not do proprietary trade. Upstox began as a proprietary trading firm and expanded into retail brokerage in 2009. In 2017, Upstox shut down its proprietary trading business. The company no longer does proprietary trading.


Is Upstox is good or not ?

Upstox, India's fastest-growing discount brokerage firm is Upstox. According to the number of customers they have, they are among the top three online brokers. Here are some facts about upstox: The average tenure in the business is around 10 years. …


Is Upstox a genuine or not ?

Yes, Upstox stockbroker. It is an online brand owned by RKSV Securities India Pvt Ltd. Upstox has been SEBI registered brokerage. Since 2012, it has been involved in the discount broking industry. Stock exchanges audit Upstox regularly. The company has …


Is Upstox a private company or listed company ?

Upstox is not listed. It is a private company owned by Mr. Ravi Kumar, Mr. Shrinivas Viwanath. Upstox also has significant private investors such as Mr. Ratan Tata and Tiger Global Management, GVK Davix, Kalaari Capital Partners, and GVK Davix …


Is Upstox backed by funding from Mr. Ratan Tata ?

Yes. Upstox, an online discount stock broker, is backed by Mr. Ratan Tata's funding. As of January 2020, he held a stake of 1.33% in the company. Upstox investor includes: Tiger Global Management - 31.1% stake Kalaari Capital Partners - …


What does Relative Strength Index means ?

Relative Strength Index (RSI), a popular technical indicator, is used to determine whether an Option's price is too high or too low. The RSI fluctuates between 0 and 100. If the value is below 30, it means that the Option …


How many types of options spread ?

Option spreads are simultaneous buy and sell of options for the same asset. Spreads like this have different strike prices and expiration dates. There are many types of option spreads. Vertical spreads - An option spread that uses Options with …


When option spreads can be use ?

An Option spread is created by a trader who simultaneously takes two positions at BUY or SELL of an option of the same asset. The expiration and strike prices of the Options chosen are different. Option spreads that involve Call …


What does collar option strategy means and when we should use it ?

If you own shares of a company and need to protect them from any sharp declines in price, a collar can be used. It involves the sale of a Call Option and purchasing a Put. Maximum Loss = Purchase of …


What does Naked options or uncovered trading means ?

Uncovered options trading allows you to sell an Option and not hold any position in the underlying. This is also known as naked options trading. A trader can sell an Option without the shares of the underlying. A naked or …


What does an option spread means ?

Option spreads are a fundamental building block for option trading strategies. Option spreads are created when you simultaneously buy and sell options with the same expiry and underlying. Different strike prices are used for different options. Spreads made with Call …


What does Bear Call Spread means and when it should be used ?

A Bear Call Spread strategy involves buying Call Options and simultaneously selling Call Options. This strategy is also known as the bear credit spread. This strategy can be executed by buying 1 OTM call and selling 1 ITM call with …


What does Bull Call Spread strategy means and when it should be used ?

Bull Call Spread is a strategy that allows you to take two positions: buy a Call or sell a Call option. You buy 1 ITM Call Option, and sell 1 OTM Option. You can buy 1 lot at ITM of …


What does Paired Option Contracts mean ?

Paired options contracts allow you to hold 2 positions on the same Option with the same strike price and expiration. It consists of 2 legs: a Call option as well as a Put option with the same expiry and strike …


Is there any best strategy for options trading ?

There is no best strategy for options trading. One man's sweet may be another's poison. When drawing your option strategy, you should consider the following: Market Outlook - It doesn't matter if it's bearish, bullish or neutral. Your risk appetite …


What is the reason that the intrinsic value of options contracts can never be Negative ?

The intrinsic value cannot be negative. It is positive if the option is in money (ITM), and zero if it is out of money (OTM). It cannot be less than zero. An option contract's intrinsic value is the amount a …


What does Option contract adjustments mean ?

The stock price can be affected by events such as mergers, splits or take-overs. Stocks can also be affected by derivative Options. Options contract adjustments are made to account for corporate events or actions and to ensure that the Option …