Zerodha short straddle margin keeps on changing. I have sold 16200 CE & 15600 PE.
In whole day it keeps on changing & by end of last one hour due to volatility, My available margin became negative by few hundreds & I had to add funds.
So here i have two questions.
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Upto what extent margin requirement can change. How much buffer money should I leave 5% or 10% or it can even go higher, BTW both are still OTM options.
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What if my available margin is in negative around close of day, not by very large amount may be just 1-2% of my entire capital used, what will happen? At what point zerodha RMS team kicks in & square off positions?