Comment on Zerodha - Margin Policies

Nithin Kamath commented on 07 Feb 2013, 03:17 AM

Vijay, Yes the margin required for both the positions together is around 11500.. The issue here is that to get this margin benefit you have to enter the position separately and not through spread or basket orders..

So if you short hindalco futures(you will need 35k for this) and then buy the calls, the margin drops down to 11500, but to first short hindalco futures you will need that 35k..

If margin in your account is less, what you can do is that use MIS product type to short hindalco futures, margin blocked will be only 40% of 35k and then buy the calls.. Now go back and convert your futures from MIS to NRML, to know more on position conversion [click here](http://zerodha.com/z-connect/blog/view/zt-position-conversion)

Cheers,

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