How do I determine the cash balance needed to maintain the margin requirement so that my position doesn’t get squared off?
For example if I were to buy 1 lot of Nifty futures expiring in Aug I need approximately 75k. But how do I determine the cash balance needed so that my position does not get squared off automatically by the broker? And the same for selling a put option. For example if I were to sell Nifty PE 24000 expiring on 26 Sep 2024-06-18 how much margin should I keep as a backup in my trading account?