Comment on ZT-Spread Orders

Nithin Kamath commented on 21 Feb 2013, 01:49 PM

Margin required will be around 26k, not much of a margin benefit because the calls you are buying are deep out of the money ones. If you buy around the market the margin benefit goes up.

Use [SPAN calculator](http://www.zerodha.com/z-connect/blog/view/span-calculator) to know your exact margin requirements.

Yes you can use the 2L order to enter this position, but note that 2L is an IOC order, so if price/quantity doesn’t match, it will get cancelled..

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