Zero Margin Required

Margin required on simultaneous buy/sell of same contract showing 0. Could somebody explain this?

What were you expecting? If you sell and buy back again, it is settled and you will have no position left and hence no margin.

Thanks for replying.

Unfortunately I still haven’t got it. Suppose I bought 1 contract of natgas @ 350 and price went up. Anticipating the price will make correction somewhere @ 360 I placed another short order (1 qty) & then when it corrected @ 355 I bought it back. Since my first order is still open will buying back double the quantity?

How do I go long and short on a same contract at same time then?

You put market orders to buy and sell at the same time but then you will most probably lose due to slippage cost.

Choose a different expiry.

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