India’s favorite stock broking platform Lemonn—available on mobile app and desktop—offers a seamless trading experience for retail users. However, we noticed that derivatives traders—futures and options—often miss out on opportunities because they have to switch between multiple screens, slowing decision-making. To address this problem, Lemonn has launched its Option Scalper product, which lets you trade directly from charts and offers a unique, single-screen trading experience. This blog post provides the finer details of this mobile-only product and explains how it makes trading options a breeze. Let’s dig in.
Option Scalper At a Glance
- Lemonn’s Option Scalper is designed for traders on the go
- Options traders can place trades directly from charts
- Lemonn’s in-house charts load instantly and enable faster reaction to market moves
- No lag from third-party chart integrations (like TradingView)
- Track positions, P&L, and orders with a few clicks
- Entry/exit trades can be done from a single screen
- Fewer failed or delayed orders
Why Option Scalping?
Speed is paramount in modern trading. Options trading, for instance, requires quick action from retail traders to keep pace with fast-moving markets. This often involves toggling between multiple screens—charts, option chain, positions, and order book—which can slow down decision-making for options traders. At Lemonn, we also understand that rough user interface (UI) edges can make placing orders difficult.
Another issue faced by options traders is the lag introduced by third-party integrations, such as TradingView, which also affects execution speed.
As a user-first platform, we put some thought into it and developed a product that makes the journey smooth for our options traders: Option Scalper.
Listed below are some of the standout features of our Options Scalper on Lemonn, in no particular order.
Single Screen Trading Experience
- No more toggling between multiple screens to place orders. Charts, option chains, positions, and order books are all available on a single screen, enabling traders to respond faster to market movements.
- Scalper mode lets you track positions, P&L, and orders in a single window. There is no longer the hassle of navigating multiple tabs.
- Single-screen experience reduces friction and errors while trading volatile instruments.
Ultra-fast chart load times
Charts are built in-house by Lemonn, significantly reducing chart load times.
With Option Scalping, one can place trades directly from charts, thereby considerably increasing execution speed.
Traders don’t have to toggle back to the trading interface for execution.
Timely execution is the crucial link between profit and missed opportunity in options trading.
Fewer failed/delayed orders due to the single-screen experience and fast chart loading
Thanks to the single-screen experience, you’ll never miss a trade/market move. Options trading is far from simple. One needs to monitor and constantly add/exit target price and stop-loss orders. With Option Scalping, you can view charts, place orders, and monitor positions—all with a few clicks.
Option Scalping: A Step-by-Step Guide for Users
We understand that our users would appreciate some hand-holding as they navigate a new product. Here is a detailed, step-by-step guide.
1. Locating the feature on the app
- Find ‘Option Scalper’ on the Index Options page
- Click on the entry point
- Enter a new screen—a single page
- Place trades and track positions on the page
2. Track Price Movement of Underlying Asset and Contract
3. Place Trade from Charts
4. Filter Option per Date Range and Add Indicators
5. Manage Orders and positions with P&L
6. Access Option Chain
7. Switch Indices
