I’m new to this. I wanted to know how I could sell a cash covered put in Zerodha. All I’m able to see is talk about Margins everywhere. I’m ready to put all the cash needed to purchase the underlying shares if it comes to settlement.
Also, if I sell a cash covered put on Nifty & Bank Nifty and if the trade goes in the money and it were to come to settlement? What do I get if I wish to physically settle the transaction by providing cash?
I understand that I can get stocks of underlying equity - in case of stocks but not sure what happens in the case of indices.
Thanks for your time.