Comment on SPAN Calculator
Sharada,
You get a benefit if you buy LT Aug futures and sell LT Sep futures. In the example you have given, what has to be done if you need some margin benefit is buy LT 375 shares and then give these shares as collateral. Once collateral is given you are given a credit of around 70% of this into your trading account to trade futures. You can use this margin for selling the futures..