Skip to main content

Strategies

Long Straddle

The Long Straddle places two orders which one leg will be call and another will be put, the strike price can be defined by the users and both the strike prices should be same.

Method: POST​

https://connect.thefirstock.com/api/V4/strategies/longStraddle

Request details

API Parameters
Parameter Description Example
symbol
String		 Trading Symbol
(e.g., "NIFTY", "BANKNIFTY")		 NIFTY
strikePrice
String		 Strike Price of the symbol
(e.g., "17500", "16130")		 17500
expiry
String		 Expiry Date
(e.g., "03NOV22")		 16JAN23
product
String		 Product Type (C / M / I) C
quantity
String		 Order Quantity 1
remarks
String		 User Remarks for the order longStraddle
jKey
String		 Key Obtained on login success 28fa3983bd7a63348
userId
String		 User Id of the login
user		 AA1999

Libraries and SDKs

Tabbed Interface 
from thefirstock import thefirstock

LS = thefirstock.firstock_LongStraddle(
    symbol="NIFTY",
    strikePrice="18000",
    expiry="23FEB23",
    product="C",
    quantity="10",
    priceType="MKT",
    retention="DAY",
    jKey="{{jKey}}",      
    remarks="Hello",     
    userId="{{userId}}"
)
curl --location --request POST 'https://connect.thefirstock.com/api/V4/strategies/longStraddle' \
--header 'Content-Type: application/json' \
--data-raw '{
  "jKey": "{{jKey}}",
  "userId": "{{userID}}",
  "symbol": "",
  "strikePrice": "",
  "expiry": "",
  "product": "",
  "quantity": "",
  "exchange": "",
  "priceType": "",
  "retention": "",
  "remarks": ""
}'
const Firstock = require("thefirstock");

const firstock = new Firstock();
firstock.longStraddle(
  {
    userId: {{userId}},
    symbol: "NIFTY",
    strikePrice: "17000",
    expiry: "10NOV22",
    product: "I",
    quantity: "1",
    remarks: "longStraddle",
  },
  (err, result) => {
    console.log("Error, ", err);
    console.log("Result: ", result);
  }
);

using thefirstock;

class Program
{
    public static void Main()
    {
        Firstock firstock = new Firstock();
        var result = firstock.longStraddle(userId: {{userId}},
                                           symbol: "NIFTY",
                                           strikePrice: "17000",
                                           expiry: "02MAR23",
                                           product: "I",
                                           quantity: "1",
                                           remarks: "longStraddle"
                                           );
    }
}

Success response details

API Parameters
Parameter Description Example
status
String		 Indicates the result status of
the API operation		 success
data.requestTime
String		 Response received time. 17:39:14 16-02-2023
data.orderNumber
String		 Present only on successful
Order placement to OMS		 1234567890111 
[
  {
    status: "success",
    data: {
      requestTime: "17:39:14 16-02-2023",
      orderNumber: "1234567890111",
    },
  },
  {
    status: "success",
    data: {
      requestTime: "17:39:14 16-02-2023",
      orderNumber: "1234567890111",
    },
  },
];

Failure response details

API Parameters
Parameter Description Example
status
String		 Indicates the result status
of the API operation		 failed
code
String		 HTTP status code associated
with the error		 401
name
String		 Specifies the type or
category of the error
encountered		 INVALID_TRADINGSYMBOL
error.field
String		 Field in the request that
triggered the error		 tradingSymbol
error.message
String		 Detailed message describing
the error		 TradingSymbol parameter
is invalid		 
[
  {
    status: fFailed",
    code: "401",
    name: "INVALID_TRADINGSYMBOL",
    error: {
      field: "TradingSymbol",
      message: "TradingSymbol parameter is invalid",
    },
  },
  {
    status: "failed",
    code: "401",
    name: "INVALID_TRADINGSYMBOL",
    error: {
      field: "TradingSymbol",
      message: "TradingSymbol parameter is invalid",
    },
  },
];