Comment on Online pledging of stocks for trading F&O

Keerti commented on 05 Aug 2016, 10:37 AM

Can I take collateral margin on unrelated stocks, say Dr Lal Path labs & NBCC and use the collateral margin to pay for 50% of the margin required for selling a covered call option position on NTPC?
The reason I am asking is that I am 150 shares short of the lot size of 4000 on NTPC and either I have to buy more shares of NTPC to put up 50% margin or I can cover this margin requirement by pledging unrelated shares.
Please let me know if this is allowed. If there is any strategy which can be used to come up with the collateral margin for selling covered calls if one is short of lot size by 100- 500 shares on lot sizes ranging from 4000 – 8000?

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