I sell options for a living. Covered calls on my equity holdings. Cash-secured puts when I want to enter positions. The occasional short strangle when IV is high.
At any point, I have 15-20 active F&O legs across different stocks and expiries. Tracking them in my broker's terminal is chaos — ICICI Direct shows F&O and equity in completely separate sections.
The F&O Operations tab changed everything
White Stallion AI's F&O Operations tab does something no broker platform does: it connects your equity holdings with your F&O positions. Upload your holdings CSV and your FNO open positions CSV, and the app immediately shows:
For each F&O leg: Current spot price, moneyness (ITM/ATM/OTM), days to expiry, premium collected vs current LTP, true P&L including all legs, and a verdict — HOLD, ROLL, or EXIT.
The delivery risk alert that saved me
I had a short 750 CE on VEDL expiring in 2 days. The stock was at 742. My broker showed it as "OTM — safe." But White Stallion AI flagged it amber with "DELIVERY RISK: 1.1% away, 2 DTE." The app factors in proximity + time remaining, not just current moneyness.
VEDL hit 753 the next day. Without the warning, I would have faced physical delivery — needing to deliver 2,200 shares or face an auction penalty.
Premium income tracking
The Income Engine aggregates all premium collected across legs, calculates your monthly yield as a percentage of portfolio, and shows which stocks are the best candidates for covered calls based on IV, lot size, and your holding quantity.
What I use every day
Every morning: open the F&O tab, check which legs need attention (DTE < 3, approaching strikes), review the roll recommendations (specific next-month strikes and expected premium), and check my cumulative premium income for the month.
This single tab replaced three Excel sheets and 30 minutes of daily calculation.
Ready to take control of your portfolio?
Join thousands of Indian investors using White Stallion AI. Free forever. Zero data custody.
Start Free →