Comment on Zerodha - Margin Policies

Riskismyenemy commented on 19 Oct 2013, 05:44 PM

Hello zerodha team ! I’m a brand new customer.

I wish to place a vertical credit spread on nifty options. But am confused regarding the margin requirements.

My account balance is 44000 rs.

I wish to sell (option writing) 4 lots of nifty 6500ce (November expiry) and buy 4 lots of nifty 6600ce (November expiry) to hedge it.

Is it possible for me to do so with 44000 rs margin ?

If yes how would I go about placing the orders ( sell 1 lot then buy 1 lot and repeat 4 times ? )

Also I prefer to trade on my iPad. Is there any app of zerodha for iPad ?

Thanks and regards.

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