How is this margin requirement possible?

F&O
1

I was trying below two things to reduce margin and suddenly I observed this.

Screenshot_20210711-094322
Screenshot_20210711-0943221080×2174 163 KB

Screenshot_20210711-094351
Screenshot_20210711-0943511080×2175 192 KB

Why is there a lower margin requirement in second case when the value at risk is almost 35k in both the cases ? Is this some sort of glitch or what? I tried executing the second position in kotak securities but the margin requirement were same there in both the cases which is around 37k.

1 Like
2

There could be a lower margin requirement if you have an open position in any other strike as it would be considered as a hedge benefit.