i am new into options trading.
as per todays market scenario (8/12/15)
nifty=7701.70
nifty DEC PE 7600=71.85/-
suppose i wish to buy 1 lot of nifty dec pe PUT @ current rate(71.00/-) and hold it for 10 days(delivery/cash n carry) how much money is needed in my account
also plz provide formula for calculating money req to buy and hold call/put
thanks