Zerodha's policy physical settlement of equity derivatives

Zerodha Zerodha platforms
1

Margin Policy as per Zerodha

Day (BOD - Beginning of the Day) Applicable Margins
E-4 Day (Friday) 10% of VaR + ELM + Adhoc Margins
E-3 Day (Monday) 25% of VaR + ELM + Adhoc Margins
E-2 Day (Tuesday) 45% of VaR + ELM + Adhoc Margins
E-1 Day (Wednesday) 25% of the Contract Value
Expiry Day (Thursday) 50% of the Contract Value

Questions:

  1. If E-4 Day (Friday) is a holiday, will the margin requirement of 25% of VaR apply on Friday itself or on the next working day, i.e., Monday?
  2. Please provide a link where I can check the VaR + ELM + Adhoc Margins for a specific stock option.

@ShubhS9 @Meher_Smaran

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Hi @deepakjain05

E - 4) day margins ~ in case Friday is a Holiday, will start getting applicable from Thursday.

This will continue to remain the same. Friday’s margins will be applicable on Thursday.

You can check the applicable margins on our margin calculator page or you can also find the applicable margins while placing orders in the order window.

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