Comment on STT Trap - Options Expiry - NSE BSE MCX-SX

yash commented on 13 Jun 2014, 10:42 AM

Thank you Nithin..!
I tried to Buy Nifty Call Option (Aug 2014 Contract) of Strike 7300 for Rs 520/- but the broker told me that i couldnt trade in those options….because the liquidity is low….is there any other way by which i can buy options of August?? because the price seems pretty attractive??

Im even Planning a Net straddle trade….i.e
1) Buy July Call Strike 7650 @ Rs. 226/-
2) Buy July Put Strike 7650 @ Rs. 258/-
3) Sell June Call Strike 7650 @ Rs. 95/-
4) Sell June Putl Strike 7650 @ Rs. 73/-

the Total Cost of this straddle is Rs.316/- i.e (226 + 258) – (95 + 73)…

Would there be a reduction of margin to be posted?? as this is a hedging strategy??
if yes…how is the reduced margin calculated??


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