Price Ladder XY Beginners Guide (For Call Options)

LAST UPDATED MAY 09, 2025

Price Ladder XY is a state-of-the-art trading ladder—also known as an Index-Based Ladder—designed for precision, speed, and real-time correlation with indices like Nifty and Bank Nifty. Unlike traditional order placement tools, Price Ladder XY lets you place orders directly based on the underlying index price.

If Nifty breaks out at 24,000, you can place a stop-loss (SL) order at that level, and the corresponding ATM option (e.g., 24,000 CE or PE) will be automatically bought.

This makes it ideal for scalpers and high-frequency traders who want to react instantly to price action in the underlying.

1. Login to the Platform

Step 1: Open the OptionX platform and log into your account.

login.png

Step 2: Choose your trading mode:

Enable Paper Trading to practice risk-free.

papertrade.png

Connect Live Account via our Broker Integration Guide.

2. Access Price Ladder XY

Step 1: Navigate to the Widgets or Tools section.

widget button.png

Step 2: Click on Price Ladder XY to launch the ladder interface.

Price Ladder XY widget.png

Step 3: Search and select your preferred index, such as NIFTY 50 or BANK NIFTY.

Enter index- XY Ladder.png

Step 4: The ladder opens pre-focused on the ATM strike price (e.g., NIFTY 24 APR 2025 22150 CE), with live bid-offer spreads

Price Ladder XY.png

3. Order Entry Panel

When the Price Ladder loads, the entry panel shows:

  • Contract: NIFTY 24 APR 2025 24200 ATM CALL Option (auto-detected)
  • Order Type: Limit
  • Quantity: 75 (Default 1 lot)

Price Ladder XY Entry Panel.png

4. Place an Order

Buy Order: Click any price in the Bid column.

Example: Clicking next to 24177 on the bid column places a buy order for 75 quantity of NIFTY 24 APR 24150 CE.

Great — your order is placed!

Price Ladder XY-1.png

💡 OptionX gives you easy drag & drop order modification and One-click Auto Stop Loss Trailing Features.

And you’ve got the fill!

Price Ladder XY order placed.png

Similarly you can place sell order in the Click on any price in the Offer column to place a Sell order.

5. Exit Your Position

Step 1: Click on Exit to sell the order — either partially or fully

Price Ladder XY Exit position.png

Step 2: Or simply place a reverse order using the ladder (Sell if you bought, Buy if you sold).

Price Ladder XY Exit position-1.png

Congratulations! 🎉 You just exited with a 30-point profit in a bullish move!
Welcome to smarter options trading with OptionX