How to calculate the money needed to cover a sell of nifty call/put. Is it calculated based on premium or based on deal value(ie strike price*lot size)
I tried to sell a put of jan. 4500 nifty but i was not allowed to sell saying insufficient amount to cover transaction. I had allocated around 8000 Rs. exclusively for F&O.
my broker is icici.
I tried to sell a put of jan. 4500 nifty but i was not allowed to sell saying insufficient amount to cover transaction. I had allocated around 8000 Rs. exclusively for F&O.
my broker is icici.