if my otm option suddenly becomes itm on monday or tuesday. will my peak margin requirements shoot up?
Yes, your margin requirement will increase if your Long OTM Option turns ITM.
For example. Reliance spot is 1995 on Friday. If i have bought 1 lot reliance future and 1 lot of 2000CE, and sold 2 lots of 2100CE . What if reliance jumps to 2050 on Monday, How my peak margin requirements will change. Also tell me which which option leg should I square off first?
Waiting for reply?
For example. Reliance spot is 1995 on Friday. If i have bought 1 lot reliance future and 1 lot of 2000CE, and sold 2 lots of 2100CE . What if reliance jumps to 2050 on Monday, How my peak margin requirements will change. Also tell me which which option leg should I square off first?
It is hard to tell. Just maintain sufficient margins in your account and you will be fine.
You should square-off, Short leg first and then Long leg.
i got short margin msg from zerodha as i accidently squared off long position firstâŚwill i receive penalty for it (i maintained margin within next 5 minutes)? @ShubhS9 @siva
If peak margin screenshot is taken during that 5 mins and anyhow currently 25% of margin is enough, so I donât think so you will get penalty but not assuring you.
If i already placed cnc amo buy and initiated new regular cnc buy after market opening and if sold both amo + regular trades on that day itself in short time , will the cnc trade treated as intraday ( though taken in cnc ) and full funds will be available for next trade cnc trade or 80% only available for next cnc trades ?
Will the available funds shown immediately after any trades taken or sold with margin cuts if any or will have some delays in showing funds or only shown at end of the days if did multiple trades with same amount ?
Thanks.
Buying and Selling on same day will be considered as Intraday trade only, irrespective if the product type (MIS, CNC) selected. When you square-off your position 100% of the funds will be available for trading. However, if you have made any profit, that will be available only after it is settled in T+2 days.
Funds will be available immediately when you square-off your position.
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Thanks Shubhs , if suppose exceeded my free cash limits ,say also having collteral margins , can i do intraday trade by selecting cnc option or only should select intraday option with collateral margins ?
Collateral margin cannot be used for equity delivery (CNC) trades.
Ok .
@siva In one of my friendâs account, I came across an incidence where the margin shot to 126% of available for about 1 minute between 3.24 to 3.25 PM. But the intent of hedging was present, as there were orders which were waiting to be executed for the hedging to be completed(orders completed around 3.25 PM 30 seconds)
Would this have resulted in the peak-margin-penalty?
how does one know of a penalty? would one get a separate email/SMS/notification?
@siva: This morning, I sold BankNifty expiry contracts in MIS mode that should have resulted in option premium of 11000, however option credit in Funds section of Kite shows me a credit of around 2500 to 2600 Rs. only.
Is this difference due to using intraday leverage or this is a defect? My id is DR2952.
We give back only 25% in mis if one sells options because the same can be used to take other position.
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Thanks for responding quickly.
So, if the options that I sold become 0.05 by 3:20 PM today, will I be credited almost entire amount (100%) at end of day?
Intraday profits will be available for tomorrow.
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The Question is still the same.
That means brokers will apply Adhoc any amount of Penalty as Peak Margin Utilisation is never going to be reported to Clients?
For Example I had Margin of 5 lakhs in my Account and I utilised 8 lakhs at dome point. Now Brokers wonât even report to me that Overutilisation is 8 lakhs and can charge any amount say 50k as penalty because client would never know the Overutilisation.