What is the margin required for selling a future say Sliver (30 kg) one lot.
If we are selling it, does it become mandatory to provide 30 kg of silver/ equivalent money or Difference of premium to the buyer who exercise his option.
What happens if I foreclose the trade before expiry.
Thanks
MANI
Check the Margin Calculator for the margins for the contract.
It about 58k.
For Gold and Silver, there’s compulsory delivery of goods.
However, at Zerodha, your position will be squared-off 5 days before expiry so that it doesn’t lead to delivery
Thanks for response. My concern is in Margin calculation it only shows number of lots that can be bought and not showing how much we can sell like the intraday equity selling. Do you have any insight to this?
Margins for intraday equity are same for both buying and short-selling