@siva-reddy @nithin The zerodha margin calculator does not show correct calculations for weekly options. Premium receivable is only as per the monthly options. And even for monthly options, the premium receivable is not very accurate. Secondly, I want to know if the margin required changes in cover orders depending on how close or far off the stop loss is. And is there a range between which the cover order stoploss can be placed ( ex 10% or 20%)
We don’t have weekly yet on calculator, but margins are similar to monthly, little lower only.
Premium receivable is based on ltp, just check price on kite and that would be premium receivable.
Lower of 10% or circuit for eq and fno. For mcx 3%.
Even for index option selling, maximum stop loss is 10% in cover order?
20%.
where can we see detailed calculation? formula?
I have been using margin calculator to take credit spread trades. I am facing trouble on Premium calculated.
I am selling the 11000 PE 30th Jul and buying 10900 PE. Their LTP as on 24/07 is as below
Challenge is when I calculate the margin, the premium received is higher than the calculated value.
The premium received for this strategy has to be 48 (sell 11000 PE) - 32(buy 10900 PE) = 16 * 75 = 1200 inr. The calculator shows 1748 inr, which is 548 inr higher or in point term 7.44 higher.
What am I missing here? @siva-reddy
Let me check.
Any Luck?
Still you can notice the difference?
don’t use zerodha margin calc, it’s not accurate and do not have weekly option as well. also during night time it stops working. i prefer to use opstra/sensibul/quantsapp. they tend to work better and accurately.
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