I m a trader in the stock market and learnt everything through youtube and Varsity
I am wanting to try my hands on Options and have been learning from Varsity and doing paper trading and really want to start my hands in Nifty and Bank Nifty but have a bunch of questions, Would love to learn from you guys
I m intially wanting to start trading in the Nifty and Bank Nifty Domain, so is Rs 50,000 enough to start and make a good income in it?
Please correct me but as per my knowledge we don’t have to take physical deliveries of the indices so I wont be liable to pay more the margin requirement in the worst case scenior I forgot to close positions
Only on the day of expiry or last week of expiry I will need higher margin? Right
On other days I m good with the premium*Lot amount?
Can I take multiple trades in Nifty in a day
For example: 9:20 I take a Call option (Buy) and square it of by selling the call option by 12:00 in nifty and take another Put(Buy) option in Nifty and square it by selling Put(Sell) at the end of the day?
I will never be liable to pay lakhs of rupees in Indices right? Either I have to close my postion before expiry or my broker will do it on that day
If I do intraday, and make a profit will the profit amount be credited the same day, I understand loss wil be deduceted from my margin requirement? In case of Buy I am talking here