Comment on Zerodha F&O margin Calculator

harsha commented on 27 Dec 2017, 01:51 PM

I have a small query about margin calculation. As we all know Iron condor is a 4 legged delta neutral strategy. If it were to lose it will lose only on one side. Then why is zerodha asking for margin on both sides of leg? For example, as of today it’s asking 97000 rs for iron condor in nifty, since it has been hedged on other side automatically on entering trade, the proper margin requirement should have been half of that amount ( 50000 rs approx).

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