F&O Margin Selling Requirement

[Meher_Smaran]

Hi @Chaitanya_Kumar

Explained here

How is the margin updated?

Hi @Roy As per rules stipulated by the exchange, An extra 3% extreme loss margin is applied for those deep OTM contracts which are more than 10% away from the previous day closing price of the underlying. Hence, Selling 17000 PE would require higher margin than say, 17500 PE which is still within 10% from previous day’s close. [image(1)]