Build, analyse and execute your strategies with the Basket experience.
CoinDCX is expanding its Crypto Options experience with a new multi-leg Basket workflow. You can now build, analyse and place up to four Options legs through one unified order journey on the CoinDCX app.
Instead of treating every leg as a separate trade, the Basket experience lets you view the selected legs as one complete strategy. Review the combined payoff, maximum profit and maximum loss, aggregated Greeks and estimated margin before placing the Basket.
Quick answer: CoinDCX Crypto Options Basket is a multi-leg strategy workflow that lets you combine up to four Options legs, review them together and place them through one order flow. You can start with a suggested strategy or create a custom Basket from the Option Chain.
What is CoinDCX Crypto Options Basket?
CoinDCX Crypto Options Basket is a strategy-first workflow within Crypto Options. It is designed for traders who use multi-leg setups such as spreads, straddles, strangles, butterflies and condors.
With the Basket experience, you can select multiple Calls and Puts, review all legs together and evaluate the complete strategy before placing it. The experience is available across supported Options underlyings and expiries on the CoinDCX app.
Why use an Options Basket for multi-leg strategies?
Build the trade as one strategy
A multi-leg strategy begins with one market view and one intended payoff. The Basket keeps the selected legs together, helping you evaluate the setup as a complete strategy rather than as disconnected contracts.
Move from market view to placement faster
Suggested strategies, Basket-level controls and one review-and-placement flow reduce the operational effort of setting up each leg separately while the market is moving.
Verify every leg before placing
Every strike, Buy/Sell direction, expiry and quantity contributes to the strategy structure. The consolidated review makes all legs visible together, so you can check and modify the Basket before placing it.
What can you do with the CoinDCX Options Basket?
- Build custom strategies: Select Calls and Puts from the Option Chain and combine up to four legs in one Basket.
- Start with suggested strategies: Choose a ready-made multi-leg setup and add the relevant legs directly to the Basket.
- See automatic strategy recognition: When the selected leg combination matches a recognised setup, the corresponding strategy name is displayed.
- Review the combined payoff: View the payoff of the complete Basket instead of assessing each leg independently.
- Review combined Greeks: See aggregated Delta, Gamma, Vega and Theta for the Basket.
- Check maximum profit and loss: Review the maximum profit and maximum loss shown for the complete strategy before placing it.
- Review estimated margin: See the estimated margin requirement for the complete Basket.
- Use Basket-level controls: Adjust quantities, Buy/Sell directions and order types across the selected legs.
- Place through one order flow: Review and place multiple legs through one unified order journey.
Suggested strategies vs custom Options Baskets
Suggested strategies
Suggested strategies help you begin with a ready-made multi-leg setup. Add the relevant legs to the Basket, then review the strategy name, complete payoff, maximum profit and loss, combined Greeks and estimated margin before placing it.
Custom Options Baskets
If you already know the structure you want to trade, create a custom Basket from the Option Chain. Select Calls and Puts, add up to four legs, and adjust the Buy/Sell direction and quantity for each leg.
Choice at a glance: Use a suggested strategy when you want to start from a predefined setup. Use a custom Basket when you want to construct and adjust the legs yourself.
How to build and trade a multi-leg Options strategy on CoinDCX
Below are the step by step guide on how to build and trade multi-leg Options strategy on CoinDCX:
- Open Crypto Options. Go to the Crypto Options experience on the CoinDCX app.
- Select the market. Choose a supported Options underlying and expiry for the strategy.
- Enable the Basket checkbox. Select the Basket checkbox in the Option Chain to start building your multi-leg strategy.
- Add the Options legs. For a custom Basket, select Calls and Puts and add up to four legs. Same-underlying and same-expiry validations help keep the Basket consistent.
- Set direction and quantity. Review or adjust the Buy/Sell direction and quantity for every leg.
- Verify the strategy. Review all legs together. Where the combination is recognised, the corresponding strategy name is displayed.
- Analyse the complete Basket. Review the combined payoff chart, maximum profit, maximum loss, aggregated Greeks and estimated margin requirement.
- Choose the order setup. Review the available market or limit order controls for the Basket and modify the setup if required.
- Review and place. Complete one consolidated review and place the multiple legs through the unified order flow.
How to review the Basket before placing the trade
Combined payoff chart
Use the payoff chart to review the complete strategy rather than viewing each Options leg on its own.
Maximum profit and maximum loss
Review the maximum profit and maximum loss displayed for the Basket before you place the strategy.
Combined Options Greeks
The Basket shows aggregated Delta, Gamma, Vega and Theta, allowing you to review the selected legs together.
Estimated margin
Review the estimated margin requirement for the complete Basket before placing it.
Margin note: CoinDCX Options Basket displays estimated margin for the complete Basket. No claim of margin reduction or margin optimisation is being made for this feature.
Which suggested Options strategies may be available?
The supplied launch brief references the following as potential examples for the suggested-strategy experience:
- Bull Call Spread, Bear Call Spread, Bull Put Spread and Bear Put Spread
- Long Straddle, Short Straddle, Long Strangle and Short Strangle
- Iron Condor and Reverse Iron Condor
- Call Butterfly and Put Butterfly
- Iron Butterfly and Reverse Iron Butterfly
Trade Crypto Options Baskets at ₹0 brokerage
Basket orders remain eligible for CoinDCX’s existing Crypto Options ₹0 brokerage proposition, subject to applicable conditions.
Trade Multi-Leg Strategies in a Single Tap Build, analyse and execute your strategies with the CoinDCX Options Basket experience.
FAQs
1. What is an Options Basket?
An Options Basket combines multiple Options legs within one strategy-building, analysis and order workflow. On CoinDCX, you can add up to four legs and review them together before placing the Basket.
2. How many Options legs can I add to a CoinDCX Basket?
You can add up to four Options legs to one Basket.
3. Can I build a custom Crypto Options strategy?
Yes. You can select Calls and Puts from the Option Chain, add them to a custom Basket and adjust the Buy/Sell direction and quantity for each leg.
4. Can I start with a suggested Options strategy?
Yes. The Basket experience supports suggested multi-leg strategies. Confirm the final strategy list available at go-live within the CoinDCX app.
5. How does automatic strategy recognition work?
When your selected leg combination matches a recognised setup, the Basket displays the corresponding strategy name where applicable.
6. What information can I review before placing an Options Basket?
You can review all selected legs, the combined payoff chart, maximum profit, maximum loss, aggregated Delta, Gamma, Vega and Theta, and the estimated margin requirement for the complete Basket.
7. Can I use the market and limit orders in an Options Basket?
Yes. CoinDCX Options Basket supports both market and limit orders. Choose a market order for immediate execution at the available price or a limit order to set your preferred execution price.
8. Which Options underlyings and expiries support Baskets?
The Basket experience is available across supported Options underlyings and expiries on the CoinDCX app.
9. Is brokerage free for CoinDCX Options Basket orders?
Basket orders remain eligible for the existing Crypto Options ₹0 brokerage proposition, subject to applicable conditions.
