Recently with the help of this site and other sources I've tried to learn option strategies....
now i am struck in problem regarding margin required while selling options
Suppose:
Nifty is @ 4997
if i short 4800 put @ 70 and 5400 call @ 20.5 both expiring on 26 November
now for ^^^ this icici direct charges flat 35k for each short lot of nifty cal/put,and thats make my investment around 65.5k(70k-the premium received)
is there any company which requires less margin for this??????:thumb:
now i am struck in problem regarding margin required while selling options
Suppose:
Nifty is @ 4997
if i short 4800 put @ 70 and 5400 call @ 20.5 both expiring on 26 November
now for ^^^ this icici direct charges flat 35k for each short lot of nifty cal/put,and thats make my investment around 65.5k(70k-the premium received)
is there any company which requires less margin for this??????:thumb: