Comment on Basics on Options Shorting/Writing

Nithin Kamath commented on 01 Jun 2015, 01:56 PM

Karthic, you will have to first pledge the 100 shares of ICICI with us (this can be done by sending an email to [email protected]). Once you have pledged after haircut, you will be given margin to trade futures or short options in your account.
1. It is always best to keep some cash for any MTM losses. If the losses exceed the cash you have, it will start getting debited from the margin provided for your pledged shares.
2. All options in India are European, so they can be exercised only on the expiry day.

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