Option sell with stop loss price API

nehasrivastava

Hi, Can anyone please help me with placing option sell order through API ?

I am assuming, i need to give variety as "STOPLOSS" and give the stoploss price while placing the order. Do i need to enter anything in price or square off fields as well ? I want to sell the option at market price and put SL value, Would i be required to place an order at market price and then place an order for SL ? thanks

	String sPriceString=String.valueOf(sPrice);
	OrderParams orderParams = new OrderParams();
	orderParams.variety = "STOPLOSS";
	orderParams.quantity = 1;
	orderParams.symboltoken = symbolToken;
	orderParams.exchange = Constants.EXCHANGE_NFO;
	orderParams.ordertype = Constants.ORDER_TYPE_SL;
	orderParams.tradingsymbol = tradingSymbol;
	orderParams.producttype = Constants.PRODUCT_INTRADAY;		;
	orderParams.duration = Constants.VALIDITY_DAY;
	orderParams.transactiontype = Constants.TRANSACTION_TYPE_SELL;
	orderParams.price = null;
	orderParams.squareoff = null;
	orderParams.stoploss = sPriceString;

nehasrivastava

Hi @Admin, i am able to place the order with the below parameters but stop loss field is not getting reflected in the order. Only a sell order gets executed, I want a pending order with SL values and trigger price.Also there is no trigger field defined in the Order parameters, kindly help. thanks

String sPriceString=String.valueOf(sPrice);
OrderParams orderParams = new OrderParams();
orderParams.variety = "NORMAL";
orderParams.quantity = 25;
orderParams.symboltoken = symbolToken;
orderParams.exchange = Constants.EXCHANGE_NFO;
orderParams.ordertype = Constants.ORDER_TYPE_MARKET;
orderParams.tradingsymbol = tradingSymbol;
orderParams.producttype = Constants.PRODUCT_INTRADAY; ;
orderParams.duration = Constants.VALIDITY_DAY;
orderParams.transactiontype = Constants.TRANSACTION_TYPE_SELL;
orderParams.price = Double.valueOf(0);
orderParams.squareoff = "0";
orderParams.stoploss = "5.1";

ForumUser_1

@nehasrivastava you need to give params like below:
order_type='STOPLOSS_LIMIT'
variety='STOPLOSS'
triggerprice=sl trigger price
price=limit price (or 0.0 for SL-M order)

I did not give anything for "stoploss" and "squareoff" parameter

nehasrivastava

Thanks @prateekjjw001 for the reply. are you referring to price field or triggerprice value to set? I had a look at the code and only price field is defined. Does API support triggerprice as well if I include in the request? Thanks

ForumUser_1

@nehasrivastava you can see here
https://smartapi.angelbroking.com/docs/Orders
triggerprice The price at which an order should be triggered (SL, SL-M)

nehasrivastava

Thanks @prateekjjw001 for sharing the details. I think, ROBO order placement is required (which is under development as per post in forum) as with the above available options i had tried, either option is getting sold at market price with no SL or an order goes into pending state waiting for the price to match up.

ForumUser_1

@nehasrivastava strange it works for me as per expectation