Comment on ZT-Spread Orders

anil commented on 23 Feb 2016, 04:01 PM

Hi,
Can you please clarify on the below questions on spread orders:

I want to buy SBIN FUT Mar at 157 and SBIN Mar 165 PUT at 14. The total margin required shows – 14280 from the span calculator.
If I place both orders separately [instead of placing 2L spread order]how much margin do I require?

Assume I started placing SBIN Fut buy order first and then SBIN 165 Put

1.If I buy SBIN Fut first and then 165 Put, Do I require 54580 + 28000 margin? – [54580 for span calculator for SBIN future and for 165 put, its 2000*14=28000]
2.Once both are get executed , the margin will get adjusted automatically to 14280 and I will be left with rest of the money in my account for trading? or entire 54580+28000 will get blocked till I sell them?

Regards
Anil

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