Comment on Basket Orders - ZT

krishna commented on 19 Aug 2020, 01:07 PM

Hi bro, I am an option trader with pre-built strategy. Normally its a combination of calendar spreads etc. with hedging orders and around 6 legs will be opened simultaneously. As explained in zerodha option calculator, if I apply all the legs- final margin required will be around 67000- 75000 .. but, to execute short ces and pes intially ask for huge margin. in this scenario , we have to keep more money to place an order initially… I recently heard that, Sentinal is providing basket order facility.. where I can place orders at one stroke with hedging margin benifit.

Is it true or false and can I place all the orders by taking advantage of margin benefit by keeping 67000-75000 only to execute all the legs? please clarify

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