Skip to main content

strategy

Short Strangle

The Short Strangle 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 could be different, 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/shortStrangle

Request details

API Parameters
Parameter Description Example
userId
String		 User ID of the login user NP2997
jKey
String		 Key obtained on login success abc123
callStrikePrice
String		 Strike price of the symbol 22600
putStrikePrice
String		 Strike price of the symbol 22600
expiry
String		 Expiry date (DDMMMYY) 27Feb25
symbol
String		 Trading symbol NIFTY
product
String		 Order product type (C, M, I) C
quantity
String		 Order quantity 1
exchange
String		 Exchange name NFO
priceType
String		 Order price type MKT
retention
String		 Order retention type DAY
remarks
String		 User remarks for the order Short Strangle
hedge
Boolean		 Enable hedge TRUE
hedgeValue
Integer		 ATM value for hedge 100

Libraries and SDKs

Tabbed Interface 
curl --location 'https://connect-go.thefirstock.tech/api/V5/shortStrangle' \
--header 'Content-Type: application/json' \
--data '{
    "userId": "NP2997",
    "jKey": "1478b9b71707210d8851258599b23a6a73d31b19809ac5068560f38dad493d35",
    "callStrikePrice": "22600",
    "putStrikePrice": "22600",
    "expiry": "27FEB25",
    "symbol": "NIFTY",
    "product": "C",
    "quantity": "1",
    "exchange": "NFO",
    "priceType": "MKT",
    "retention": "DAY",
    "remarks": "Short Strangle",
    "hedge": true,
    "hedgeValue": 100
}'

Success response details

API Parameters
Parameter Description Example
status
String		 Indicates the success status
of the API operation		 success
data.requestTime
String		 Timestamp marking when the
response was received		 17:46:08 16-02-2023
data.orderNumber
String		 Unique identifier of the
order, present only on
successful placement to OMS		 12345678 
[
    {
        "gui_order_id": "(null)",
        "handlinst": "(null)",
        "norenordno": 25031200006971,
        "req_status": "OK"
    },
    {
        "gui_order_id": "(null)",
        "handlinst": "(null)",
        "norenordno": 25031200006972,
        "req_status": "OK"
    },
    {
        "gui_order_id": "(null)",
        "handlinst": "(null)",
        "norenordno": 25031200006973,
        "req_status": "OK"
    },
    {
        "gui_order_id": "(null)",
        "handlinst": "(null)",
        "norenordno": 25031200006974,
        "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		 401
name
String		 Type of error BAD_REQUEST
error.field
String		 Error field quantity
error.message
String		 Error message quantity cannot be undefined
or NULL		 
{
    "status": "failed",
    "code": "400",
    "name": "BAD_REQUEST",
    "error": {
        "field": "quantity",
        "message": "quantity cannot be undefined or NULL"
    }
}