My evil mind tells me, ppl are going to game the system. Buy the hedge, exit the hedge, enjoy leverage for full day!!
As long as everything is squared off by 3.30!!
@nithin @siva-reddy
1 Like
Yeah, that can happen, sometimes our RMS may square off position at any time of the day in these cases.
2 Likes
@nithin @siva
In connivance with brokers. And there can be algos.
RIL fut margin = 3L
Buy ATM pe & exit at BE = 40k
that’s 7x leverage in FnO!!
3 Likes
Yes there is always a way😅
Moreover it creates systemic risk in markets , what if position is not closed eod. Margin penalty isn’t going to help it.
Currently, if we change to a Limit order, even then the margin required field continues to reflect the Margin according to the Market price (refer to animated GIF below). Would it be possible to make it so, that the Margin required changes as per the price we enter when placing a limit order?
Not possible for now, one need to fetch again for margins.
1 Like
Hi, I have multiple F&O positions where the total margin as per margin calculator is 2.06 Lacs. I added another leg and the margin calculator showed the margin requirement to be 2.30 Lacs. So the addtional margin required is 24k. Now when i am giving the order in kite the order window shows the margin of around 24k but the order gets rejected saying insufficient margin. Point is my available margin in kite is 1.5 Lakhs which is much more than 24K.
Not understanding why this is happening
I raised a ticket earlier for a similar issue, but they closed the ticket without any valid reason. Also i tried to call the zerodha call center, but the guy on the other side was not understanding at all,so thought of posting it here to get some understanding.
You can create ticket with positions/orders etc and message me the ticket number immediately next time if you face this.
@siva-reddy this happens with me too but i think its because of new margin rules which don’t allow option premium credited to be utilised for taking position on same day , correct or not?
Right, Option premium credited today can be used only for buying options and not for other trades.
@siva-reddy have the margins gone up ? i saw mis margin is more than nrml…i mean when i converted from mis to nrml margin reduced a lot …one more thing even though i have margin why isn’t the system allowing me to trade a trade .
We have DM you. Kindly check
1 Like
@siva-reddy @ShubhS9
Hi Guys, I have observed that margins in my funds tab change from EOD (say 4 pm reading on T day) changes on next morning readings (8 am on T+1 day). Why does that happen and how do we incorporate this?
I think because of that I am probably getting it wrong and running delayed payement charges and penalities.
I have raised this two days back !
Can you give me the ticket number.
i meant in tradingqna, not support!