When writing CALL/PUT options, there is no leverage available when using NRML as product type.
But leverage is available intraday only using product type as MIS.
In NRML, you have to pay the full Span and Exposure margin. No leverage in NRML
So around 27000 will be blocked.
I think you are trying to write deep OTM options.
What you should really understand is the daily MTM requirement. If you cannot meet the daily MTM you will be forced to take a counter contract and sell your option in loss. Make sure you understand that one. Do some math what happens if position moves against you, and whether you will be able to maintain daily MTM margin requirements. 27000 is only the initial margin.
|
Exchange |
Contract |
Product |
Strike |
Qty |
SPAN |
Exposure |
Total |
|---|---|---|---|---|---|---|---|
|
NFOx |
NIFTY14OCT |
Options |
8100 CE |
50 S |
15,210 |
11,918 |
27,128 |
|
NFOx |
NIFTY14OCT |
Options |
7900 PE |
50 S |
15,770 |
11,918 |
27,688 |