Skip to main content

strategy

Short Straddle

The Short 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 over here the user is able to define hedge value which will then place two buy and two sell orders

Method: POST​

https://connect-go.thefirstock.tech/api/V5/shortStraddle

Request details

API Parameters
Parameter Description Example
userId
String		 User Id of the login user NP2997
jKey
String		 Key Obtained on login success abc123
strikePrice
String		 Strike Price of the symbol 22800
expiry
String		 Expiry Date month year 27Feb25
symbol
String		 Trading Symbol NIFTY
product
String		 Product type C
quantity
String		 Order Quantity 1
exchange
String		 Exchange Type NFO
priceType
String		 Order Price Type MKT
retention
String		 Order Retention Type DAY
remarks
String		 User remarks for the order Short Straddle
hedge
Boolean		 Enable hedge or not TRUE
hedgeValue
Integer		 ATM value for hedge 300

Libraries and SDKs

Tabbed Interface 
curl --location 'https://connect-go.thefirstock.tech/api/V5/shortStraddle' \
--header 'Content-Type: application/json' \
--data '{
    "userId": "NP2997",
    "jKey": "1478b9b71707210d8851258599b23a6a73d31b19809ac5068560f38dad493d35",
    "strikePrice": "22800",
    "expiry": "27FEB25",
    "symbol": "NIFTY",
    "product": "C",
    "quantity": "1",
    "exchange": "NFO",
    "priceType": "MKT",
    "retention": "DAY",
    "remarks": "Short Straddle",
    "hedge": true,
    "hedgeValue": 300
}'

Success response details

API Parameters
Parameter Description Example
status
String		 Indicates the result status success
data.requestTime
String		 Response received time 17:42:39 16-02-2023
data.orderNumber
String		 Present only on successful
order placement to OMS		 1234567890111 
[
  {
    "gui_order_id": "(null)",
    "handlinst": "(null)",
    "norenordno": 25031200006900,
    "req_status": "OK"
  },
  {
    "gui_order_id": "(null)",
    "handlinst": "(null)",
    "norenordno": 25031200006901,
    "req_status": "OK"
  },
  {
    "gui_order_id": "(null)",
    "handlinst": "(null)",
    "norenordno": 25031200006902,
    "req_status": "OK"
  },
  {
    "gui_order_id": "(null)",
    "handlinst": "(null)",
    "norenordno": 25031200006903,
    "req_status": "OK"
  }
]

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		 400
name
String		 Specifies the type or category
of the error encountered		 BAD_REQUEST
error.field
String		 Field in the request that
triggered the error		 Count
error.message
String		 Detailed message describing
the error		 product cannot be undefined
or NULL		 
{
    "status": "failed",
    "code": "400",
    "name": "BAD_REQUEST",
    "error": {
        "field": "product",
        "message": "product cannot be undefined or NULL"
    }
}