HI ,
I am a beginner in market. Today I traded in options intraday using my funds of 20k . I received a message from NSE with traded value of 15lacs.
Is it something need to worry ? Please help.
The traded value in the message is the turnover you have generated by trading for the day, if you are trading F&O it will always be on higher side, nothing to worry about.
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@ShubhS9 Thanks a lot for the information. I also got few emails regarding margin calls ( has reached 400% of available balance) . I booked my profits in trade after that. Is there any fines or amount charged in these cases, if I exceed certain limits in zerodha?
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There are no charges but when you receive margin call you will have to add funds to your trading account to continue holding your position failing which the position will be squared-off by RMS. Sometimes due to high volatility or lack of liquidity even RMS might not be able to square-off your position, in such case if position is carried forward overnight there will be penalty charged by exchange for margin shortfall.
As Futures and Options are risky products to trade it is always best to monitor your positions and have adequate funds.
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There is nothing to worry about here. You are fine with your trading. It is just something that happens when you go for option trading.