Upstox - RKSV - Trade in Rs 20 Max

[simple trader1]

hello rksv,ur f/o auto squaroff time 3pm in nse now. other trading platfrom eg. Omnisys nest or odin trading terminal auto squaroff 3.20,when u started other trading platform for all segment

 

[RKSV]

hello rksv,ur f/o auto squaroff time 3pm in nse now. other trading platfrom eg. Omnisys nest or odin trading terminal auto squaroff 3.20,when u started other trading platform for all segment

Hi simple trader,

Auto square off time is 3:15 PM for us.

 

[mprakash1972]

google chrome is performs better than firefox and IE for nse now html5 browser based platform.html5 streaming is better in chrome.
regards,
m prakash

 

[stanfidavid]

We've upgraded our phone systems and now have two numbers.

 

[sibu3168]

Dear RKSV,

Please explain how do you calculate margin requirements for selling currency options. It seems that option margin is much higher than currency future margin.

Thanks

 

[RKSV]

Dear RKSV,

Please explain how do you calculate margin requirements for selling currency options. It seems that option margin is much higher than currency future margin.

Thanks

Hi sibu3168,

Options margin will depend on the moneyness of the options due to risk associated with the premium credit. So for deep ITM options it would be pretty high and for ATM / OTM options it would be nearby or at par with the future margins. This is determined not by us but by the Exchange using the SPAN margining system.

 

[Trader J]

Dear RKSV,

Other brokers like Zeodha and Bezel providing intraday limit for option selling, so why not you ? I could not know what type of risk involved ? Please let we know. Thanks

Dear RKSV,

Did you find any solution for Trading in Option (Writing).....because its very useful in the last week of F&O expiry when buying option is more risky than selling. Thanks

 

[RKSV]

Dear RKSV,

Did you find any solution for Trading in Option (Writing).....because its very useful in the last week of F&O expiry when buying option is more risky than selling. Thanks

Hi Trader J,

You mean intraday margin for option writing? Nope, not yet.. while client side software has been updated by the exchange, dealer/admin side hasn't been updated with advanced risk management controls yet.

 

[option writer]

@ rskv,
zerodha gives intraday exposure for option writing, why dont u give at same "now.exe" ?

 

[RKSV]

@ rskv,
zerodha gives intraday exposure for option writing, why dont u give at same "now.exe" ?

Hi option writer,

It poses a risk for us and the NOW.exe doesn't have full proper risk management tools on the options side like it does for Futures and Equities. Not sure what other brokers are doing to mitigate it (maybe some manual work) but our RMS team has told us to wait until this feature is completed on NOW.