Dynamic Margins

Hi @abcd5662
We tried reaching you several times but there was no response from your end.

We would like to bring to your attention that sms and email alerts regarding your margin shortfall were sent around 8 AM. So you had an hour and a half to add funds or 15 mins to reduce your positions as per your desire before the RMS team took any action. We hope you are aware of the new Peak and EOD (upfront) margin penalty changes from May 2, 2023. Your margin shortfall for yesterday (14/06/23) was approximately 2.34L.

Since you had hedged positions with CE short 15Jun2023 multiple lots and PE short multiple lots across various expiries from 15Jun2023 to 31Dec2026, we had to reduce both sides. Ideally, 2 lots on both sides are generally enough to free up around 2.3L cash in nifty. Because of the vast calendar spread in your portfolio and based on LTP, We had to square off an additional lot to make up for the same.

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