Kite: funds-Option Premium - what is it?

Hi friends
In Kite mobile when I look at funds. I see a large negative value called Option Premium. It equals margin used… Free cash shows as expected.
I’m not clear of this option premium is a liability… I have squared off option trades with a small amount only open in options that does not match this option premium amount.

Please explain this amount
Thanks

Hey @treegum

Check out these articles for clarity regarding this.

Option premium in Funds tab
Kite Dashboard
Free cash

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Thanks a lot Kshiteesh

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