I mostly sell Bank Nifty options and these new margin rules have cut my position size in half; It is unfortunate that SEBI couldn’t bear to see our Bank Nifty Weekly Options flourish the way they have since their launch.
They saw trading volumes surge and brokers & traders making money and want to be paid themselves: they just want to be lobbied and bribed by the broker’s association.
In any case, I hope they revert to the previous margin regime once they are done waving their sticks.