# How much margin do I need for Iron Condor in the given example?

Hi, I have doubt about margin that should be there to make following position. Suppose I am going to excute following position & it says total margin is 1,67,305.

But if we can see combined margin requirement it says like margin required is 99,742

So, what is the amount that I should have in my account Rs 1,67,305 or 99,742

99742 is the money you should have in your account to place an order .

Total margin â€ś167305â€ť If you dont take and hedge position. But in your case you have taken 2 hedged position so total Martin banefitâ€¦

thank you

BTW, that drops to a third from 1 Juneâ€¦ Enjoy!

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How will brokerage be calculated for Iron condor or other strategies

will that still be Rs.20/- per strategy?

20rs/order same as 4 legs entry n exit = 8*20= 160 rs brokage

Ohhâ€¦ thats not goodâ€¦ isnt?

Btw This is not Iron Condor. You are buying wrong call option. Try buying 8850 put. The margin is high because 8850 call is in-the-money.

Ok. Thanks