Settlement and margin query

[pavinjoseph]

I plan to invest the unused margin allocated for the cash secured put leg of jade lizard (short put + call credit spread) in Zerodha LiquidCase ETF. Since the long call requires additional margin starting E-4 (last Fri before expiry), should I sell the LiquidCase units on E-5 or E-6 to avoid a margin shortfall?

To put it simply, can I sell units today to satisfy margin requirements tomorrow (T+1) or should I do it prior to that (T+2)?

Thanks!

[ShubhS9]

@pavinjoseph

To put it simply, can I sell units today to satisfy margin requirements tomorrow (T+1) or should I do it prior to that (T+2)?

You can sell the units on T+Day itself, as you now get 100% of the sale credits when you sell your holdings, these can be used towards meeting margin requirements.