Kindly clarify this margin calculation

[ron94]

According to this, this order will require 288,050 or 14,402.5 per lot. So does that mean the MIS margin on this will be 40% of 288,050, which is 115,220 or 5761 per lot. And are the margins higher than normal on expiry? @siva

[ShubhS9]

@ron94

So does that mean the MIS margin on this will be 40% of 288,050, which is 115,220 or 5761 per lot.

Yes.

@ron94

And are the margins higher than normal on expiry?

Margins don’t increase during expiry for Index Options.