Comment on Zerodha - Margin Policies

chandra commented on 02 Apr 2013, 05:21 PM

Why cant zerodha put a simple rule at the time of closing the contract. If I try to close the 5800 contract without first closing 5500 put then I am allowed to do that only if I have the required margin to write 5500 Put. If I close both of them in one go, then I am fine. For no additional risk of writing a covered put of 5500, why would you want a margin of close to 13K when 4K is sufficient. I mean I should be able to do three times with 13K in my account.

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