Hi , Just assume these positions , just all are for example
Fno stock " A " , price in current expiry is 1000 , and lot size is 300
same stock " A " ITM 900 CE current expiry price at 20 rs
for example , the current margin req after margin benefit is near 1 lakh
If i bought stock Future at 1000 rs and sold 900 CE at 20 rs
At Expiry if the stock remains abv 1000 or till above 900 ,the CE is in ITM ( ie CTM )
for the above situations , im having the queries or i want to cross check my understandings right ,
There is no need to physical delivery at expiry if not squared as Future long and ITM CE short leads
to Nett off delivery
The margin requirements at last wednesday and thursday of expiry would be 50 % of lot size , ie near 1.5 Lakhs ( 1000 * 300 = 3 Lakhs and 50 % of lot size is 1.5 Lakhs ) or near approximately 2 Lakhs after margin benefit for hedged CE short 2 nd leg margins if added
These margin are levied by exchange themselves right. Also does this take account the spread benefits i.e suppose long future and long put or bull/bear spread etc.
for eg say if margin for required for bull spread is 30k then it would be 60k on wednessday or the benefits would not be accounted and both legs would be counted as sperate.
suppose i have short call at 310 and short put at 320 and stock at 315, assume lot size to 100. Then will it be 0.1 % of (310+320)*100 or something else.
