Sensibull Zerodha

Option trading on the one hand can help you in making unlimited profit but at the same time is quite complex to trade. But Zerodha comes up with third-party integrations as well and Zerodha Sensibull is one of those. This software basically facilitates you to trade in the options trading segment. 

And, we all know Options trading can be a bit of a pain to understand and perform.

To get started, all you need is a Zerodha demat account. Once you open the demat account, you can activate the Sensibull using the Zerodha Kite app and start trading in options right away. 

Zerodha is a discount broker with the highest active client base of over 3.6 million. It is one of the most technologically advanced stockbrokers that provides up-to-date trading platforms and various popular third-party integrations.

Undoubtedly, Sensibull is one of the best in its field. So, let’s start with a detailed review.

Zerodha Sensibull Review

When you check an application or trading platform, you make sure that all of its aspects are considered and it is according to your requirements. So, without further ado, we shall do an in-depth analysis of the platform – Sensibull Zerodha.

The first aspect we will talk about is Features.

It provides you features in three categories – Trade Options, Analysis Tools, and Others. 

There are multiple trade options like:

• Virtual Trading – Why start directly with real money when you can gain trading experience virtually? Sensibull offers you the virtual trading platform where you can trade and learn options trade. 
• Easy Options – When you are a beginner, risking a huge amount is not recommended. This feature guides you to trades with maximum profit and minimum loss. Use these to make better and easy trading choices.
• Analyze Trades and Positions – Here you can also grab all the information related to your positions and make decisions accordingly.
• Strategy Groups – In this feature, you get the option to group companies from the same industry into one group that have similar strategies and business models.
• Research – Every trade starts with thorough research and here is the platform that assists you with the deep analysis of stock before trading. 
• Strategy Wizard – Options trading works the best when executed with the right strategy. If you are a beginner, the strategy wizard helps you in building the right strategy and hence a better plan. 
• Basket Orders – As the name suggests it is a basket of orders where you place multiple orders at the same time. So, place simultaneous trades and earn higher profits.
• Custom Strategy Builder – You can build your own strategies and use them to trade in the market.

Apart from the above features, the product offers you a way to do a better analysis of stocks. Here are some of the analysis tools provided in the Sensibull Zerodha.

• Stocks Data 

Every trading decision depends somewhere upon the historical data and performance of the share. Herewith Sensibull you can easily grab the useful information of the stock over a period of time. 

• FII DII Data 

Who drives the stock market? Well, it depends upon the percentage of shares of different kinds of shareholders. Among the list of holders, FII (Foreign Institutional Investors) and DII ( Domestic Institutional Investors) play a vital role.

The major percentage holdings depict the share price volatility and fluctuations depending upon their activity or role in buying and selling of stocks.

Here, the platform offers you a deep information on the FII DII data that eventually gives you better insight. 

• Advance Option Chain 

While trading and selling options, the trader considers the option chain. Well, almost all the trading apps provide you with the basic option ladder, but apart from this, you can look into the advanced option chain. 

With this, you can actually add filters and customize the chain accordingly. 

• IV Chart 

While trading you must have heard about the impact of volatility of the share price and volume. 

But since options are something you are going to trade in the future and therefore it becomes equally important to consider the future volatility of the stock. This is where Implied Volatility factors come into play. 

Sensibull provides you the IV chart that gives you a clear picture of how volatile the stock could be thus helping you in making the right decision. 

• Technical Signals 

What will be the price of the stock in the future? Although difficult to predict, using the technical signals along with implied volatility can help you in formulating the right strategy and hence in executing the trade.

• Open Interest Charts 

Now let’s say you use the IV chart and technical signals to pick the right stock. Now comes another challenge. Which strike price to pick to increase your chance to earn profit. 

Well! This is something that is often challenging, especially for beginners. The traders must look for the open interest value. High open interest of the traders depicts a bullish trend and gives a signal that the demand and eventually the price might move higher.

On the other hand, low open interest in options signifies the bearish market trend.

In all, it helps options traders to analyze whether or not to trade in a particular option contract or not.

Furthermore, to understand easy one can perform open interest calculation to analyze the option contracts better. 

• Options Screener 

Still having difficulty picking the right stock or strike price, then you can make use of an options screener, where you can get the list of shares, the best strike price, etc. Thus, you just have to pick the one from the list of top or best stocks. 

• Real-Time P&L & Greeks 

Sensibull offers you real-time charts with the updated information of Greeks that further help you in analysis and picking the best stock.

All these tools and features have made the trading platform a worth-the-money investment. Now, let’s talk about the various pricing plans offered by Sensibull Zerodha.

Zerodha Sensibull Charges

After knowing that the features are certainly worth an investment, you must be curious about the amount you ought to pay for availing of these services.

For that, let’s dive in more.

Sensibull Zerodha offers 3 pricing plans:

• Free – Provides 8 features including WhatsApp alerts, Real-Time Prices, and Basic Option Chain.
• Lite – In addition to the features of the free plan, it offers 12 features like Virtual Trading, Easy Options, and Data Tools. You can subscribe to this plan for ₹800 per month.
• Pro – it offers all the features we discussed above and can be subscribed for ₹1,300 per month.

All the features and specifics have been tabulated below:

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Sensibull Zerodha App

Sensibull is the options trading product that comes up with unique features and advantages for options traders. If you are having a demat account with Zerodha, you can easily reap its advantages using the Zerodha Kite platform. 

All you have to do is, go to your profile and there you’ll find the tab of Sensibull. Activate the product by choosing the suitable plan and start trading in options like a Pro Trader. 

Sensibull Zerodha Login

You can log in to Sensibull using various options like Google and Zerodha User ID. The login page on Sensibull’s website looks like this:

If you have a Zerodha demat account, click on the Zerodha tab and log in using your login ID and password. The screen looks something like this:

The other option is to use a Google account to log in and take a free tour of the trading platform. You may choose to use this link to make your Zerodha Sensibull login.

Conclusion

Zerodha is a popular stockbroker and has been growing leaps and bounds in recent years. It can be credited to the visionary approach of the leadership and the quality of services provided to their clients.

One of these services is Sensibull Zerodha. It is an options trading platform and is one of the many third-party integrations provided by the broker. It has three pricing plans with varying features and tools for trading. 

Since options are a tricky trading segment, it is highly advised that the trader should understand the dynamics of the market and other factors associated with it.

We hope that all your queries regarding Sensibull Zerodha have been sorted. In case you have more questions, you can reach out to us through the form below.