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Hi Zerodha,
Today Nifty Spot @6050
MAR CE6100 @115
MAR PE6100 @117

If I want to Sell both strike (Short STRADDLE) in INTRADAY, How much MARGIN required?

(In Positional Basis it shows SPAN margin
Rs: 18,200
Exposure margin
Rs: 18,176
Premium receivable ?
Rs: 12,150
Total margin ?
Rs: 48,526
Margin benefit Rs: 16


Exchange Contract Product Strike Qty SPAN Exposure Total
NFO x
NIFTY14MAR Options 6100 PE 50 S 9,100 9,104 24,524
NFO x
NIFTY14MAR Options 6100 CE 50 S 9,100 9,088 24,018)
 

Zerodha

Well-Known Member
Hi Zerodha,
Today Nifty Spot @6050
MAR CE6100 @115
MAR PE6100 @117

If I want to Sell both strike (Short STRADDLE) in INTRADAY, How much MARGIN required?

(In Positional Basis it shows SPAN margin
Rs: 18,200
Exposure margin
Rs: 18,176
Premium receivable ?
Rs: 12,150
Total margin ?
Rs: 48,526
Margin benefit Rs: 16


Exchange Contract Product Strike Qty SPAN Exposure Total
NFO x
NIFTY14MAR Options 6100 PE 50 S 9,100 9,104 24,524
NFO x
NIFTY14MAR Options 6100 CE 50 S 9,100 9,088 24,018)
adg,

Guess you are already looking at the SPAN https://zerodha.com/margin-calculator/SPAN/

If you are doing this for intraday, margin required will be 40% of 48526, which is around Rs 19000.

If you do it for overnight (NRML), the 48526 is blocked, but since you receive the premium of 12000 after writing, the margin blocked after taking both the positions will be only 36000.

Cheers,
 

Zerodha

Well-Known Member
Nithin did a brilliant job talking about the common traits of all the consistent winners of the 60 day challenge at the ATMA meet in Bangalore, some really good insights. A real eye opener it was, still thinking about the 20: 80 logic, like how 20% is exercise and 80% is diet and rest for bodybuilders, similarly 20% is strategy and 80% is everything else for traders to win, and all that winners do differently for that 80%.

You have to share that on this forum, if you have a video or if you can get Nithin write the same thing down as a post, I want it for quick reference.
Will speak to Nithin, I know they have a video of the event, but it is a 2.5 hour video, :) , don't know how many will have the patience to watch such a long one.
 

LivetoTrade

Well-Known Member
I am also surprised, as if there is a holiday on day of expiry, the day is shifted one day in advance,so 27th being a holiday, expiry should have been on 26th. But CNBC confirmed that it is on 28th...wondering why so ??

ST
Zerodha can you please confirm expiry date.
 
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