In the last 2 days of expiry week Zerodha need 100% or 50% contract value?
Also, lets say I sold recltd otm call i.e. 175 Rs. call so contract value will be 1050000 Rs. and in the last 2 days of the expiry week - margin requirement will be increased to 50% of the contract value so it requirement will be 525000 ?
If so what about Monday and Tuesday of the expiry week? And I believe there will not be any major change in margin requirement before the last week of expiry i.e. until Friday of week previous than expiry week correct?
And if I have full 6000 shares of Rec (lot size) in my demat can Zerodha block them for delivery instead asking for 50% of the contract value as margin? @ShubhS9 @Vij