Question: what is the difference between board lot and odd lot?
Answer: If a stock has a board lot of 100 shares, that means that you can buy or sell that stock for a minimum of 100 shares and in the scale of 100 thereafter. With this board lot, you can trade it at 100, 200, 300 and so on and so forth. ... If you have 150 shares then 50 shares is considered as odd lot.