I know that as part of a Cover Order, placing a stop loss order can reduce my margin requirement.
- Is this feature available for Options (Seller only). I know it is available for All Futures and Commodities.
If NO, Why not?
If YES, Can I place a stop-loss wherever I want e.g 30% OR Is there any guidance for coming in the ambit of Covered orders. e.g cannot place SL greater than 10% etc.
- Is this valid for only intraday? I know MIS is Intraday.
If NO, Can I use CO for carryover (with margin) instead of NRML.