Will zerodha need margins for my scenario as described?

Zerodha
1

Hi
Today gail cash price is 101
I want to buy Gail July 105 CA at 4.90 (and lot size is 6100; so 6100x4.90 = 30k and I have sufficient funds for it in my zerodha account.)

and, sell the Gail July 110 CA at 2.90 (Will i need to put additional margin for this because it is just an arbitrage)?

Please confirm.

2

@nithin sir kindly confirm how it works or connect me to someone in your team to help me getting this through.

3

You will need margins for this trade. You can use Margin Calculator to calculate the margins.