How is this margin requirement possible?

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

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.

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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.