Comment on Basics on Options Shorting/Writing

Nithin Kamath commented on 14 Jan 2014, 09:44 PM

Mahesh,

1. You have to just send an email to [email protected], also keep [email protected] in c.c, with the quantity of stocks you want to pledge.
2. Yes you are eligible for dividends.
3. Yes Dividend is credited to your bank account mapped with us.
4. Yes, it is both ways, one round trip to pledge and unpledge.
5. We ask for 15% of the total margin required in cash. So as per the example you have given, for the Rs 35000 margin, you need to bring in around Rs 5000 in cash, and the rest is used from the collateral margin of Rs70,000.

Hope this clarifies,

Cheers,

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