Its a very unrealistic hypothetical question,
Lets say I sold a Put option for 15000 when nifty is trading at 15200(1lot) , margin required is around 1.6L for selling a naked option in NIFTY.
Lets say tomorrow NIFTY gaps down to 12,000 (highly unrealistic) , I will be in a loss of 3000X 75 -premium received or 225000 - premium received which is way more than what I paid as the margin, Am I obligated to pay Zerodha the reminder of the shortfall money, what if I dont have the money.
Any occurrences of Huge negative balances in any traders account? How was the situation dealt?
