Yes, once stock moves to Ban only on EOD basis. No problem in your case.
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@siva - Thank you for the alerting email - “Delta Open Interest (OI) violation in F&O ban scrip(s)”.
Can zerodha please mention “future equivalent OI” for the holding in ban period - in the same email? Pls take this request.
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I believe they’re asking for the exact future equivalent OI for their position.
Any client having position in ban symbol, we have added nudges which includes the data as current delta and oi if you try and exit that position. As there are multiple span files provided during the day, we try and update according to the span file given by exchange. Exchange takes 2pm span file( 3rd intraday span file).
For eg.
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Yup … I meant the exact Future Equivalent OI value.
This is nice. I checked - at almost EoD now -
But I believe an active trader will still need the Base Delta OI because Current Delta OI will keep changing and the penalty clause is attached to Base Delta OI. That’s the one (Base Delta OI) you have to keep track of - Isn’t it?
For example, I received your email around 0850 today and at around 0950, I tried to calculate my Delta OI from the snapshot I had then -
SAIL spot ~ 148.
Futures-Equivalent OI
= Σ ( Futures Qty × 1.0 ) + Σ ( Call Qty × Call Delta )
+ Σ ( Put Qty × Put Delta )
Put
–9,400 × (–0.50) = +4,700
Call
–51,700 × (+0.15) = –7,755
Futures
–9,400 × 1.00 = –9,400
Net Futures-Equivalent OI
= +4,700 − 7,755 − 9,400
= −12,455
So FutEqOI as per my calculations at 10 AM today was -12455 (Pls. confirm if this is correct). But by EoD it is -18450 as per your nudge. I made no modifications to the SAIL position today. Hope you see my issue here. Base FutEqOI value is very much required which should be sent with this alert email.
Otherwise, please help me understand how will I get to know if my action is NOT going to i̶n̶c̶r̶e̶a̶s̶e̶ D̶e̶l̶t̶a̶ O̶I̶ (nudge will help here. thnx.) or flip the sign if I don’t have Base FutEqOI to decimal level accuracy. Maybe I am missing some trick … Kindly enlighten.
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Watched nse ban list for today, sail was in ban, Bought patanjali foods today, 6 lots, at 03.29…placed a two orders 0.2 and 0.15 both got triggered … moneny control shows 202 mwpl, hope i am not in to trouble? Pls craify…siva.! Thank you in advance.
Also for fresh postions , is zerodha allowing now to trade. Example of sail. It was under ban at the start. Is zerodha allowing to buy now? Previously zerodha never used to alllow it.
| Symbol | NSE Clearing FUTEQ OI | Limit | NSE Clearing FUTEQ OI % |
|---|---|---|---|
| PATANJALI | 39496615.93 | 5.0886533E7 | 77.62 |
No, it’s fine. I don’t see it going into ban today
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Thanks a ton adarsh. Now i get some relief.
Almost impossible to calculate the accurate base delta unless you share the exact details on daily basis as reminder’s
Hi @Adarsh_Patil , where can we find this correct real time data, i searched on derivatives on nse, bht cant find.so we can better plan the trades if we know the mwpl, Thanks in adavance.
The discrepancy in your FutEqOI occurred because Delta is not fixed; it fluctuates in real-time as the stock price moves. This is why your values changed even without any manual modifications to your position.
We update Delta according to the SPAN files received from the exchange. Please note that the exchange considers the 2 PM SPAN file for base Delta and penalty calculations. We provide real-time nudges so you can track these current and base Delta changes accurately as the stock price moves. Furthermore, these nudges allow you to take new positions that help in the reduction of Delta, ensuring you stay compliant during the ban period.
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Officially NSE does not publish live MWPL % publicly they publish end-of-day MWPL & ban status only. Click here to check.
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This website looks even better for live MWPL
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Did Zerodha allow to add more if stock is in ban period?
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You can exit positions or take new positions that reduce or offset your delta exposure, you can also go through our support article.
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Early Zerodha don’t allow to add or take fresh trade if stock is in ban period. Now Zerodha allow to do trade if stock is in ban period??
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Please read the thread from the start. A new approach has been introduced regarding what is allowed and not allowed. There are a few changes, some advantages and disadvantages, and a few calculations to consider. 
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@siva if I have ce PE short and I close one leg it’s violation? If there is no liquidity or very less liquidity at other leg how do you close the position? Because liquidity dries up when stock enters ban