If suppose I am pledged my stocks and got margin of Rs 1 lakh, can I do position option writing? Or is it that I can only do intraday option writing?
As long as your hold the CASH component as well, you can do positional option writing.
Is it like you have to hold 50:50 cash and margin ratio?
Yes, 50% cash. rest from your pledge.
yes, you can, but margin requirement will be higher
You can pledge SOV GOLD bonds as cash equivalent but you will still need MTM swing P/L position to be kept as cash.