Nifty options delivery margin requirement

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

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Formula for Buying options is simple. Lot size x option price irrespective of whether it is call or put.

Suggest u to go through the option module here: http://zerodha.com/varsity/