Zerodha - Number One Discount Broker in India

[Price Pattern Recognition]

About introducing strikes at interval of 50, we as Zerodha had protested to this and as we had thought, the liquidity is getting distributed with the new strikes rather than bringing new volumes which is bad for the market..

You are absolutely right. :thumb:

Bid ask spread would be wider and slippage would be more when slowly liquidity is getting distributed with the new strikes. It is a bad move for intraday option traders (mostly buyers).

Such strikes at interval of 50 will help option writers more. Option writers are generally high net worth investors and traders. Option writers already have high probabilities of success than option buyers. Surely a bad move by NSE for option traders.

 

[XUV-500]

Yes , i agree with you ,that MINIFTY contact attracts low contract size PLUS low volumes.
But it is good starting point for small retailer investor, because ,in PAPER trading you
will miss EMOTIONS ,start trading in NIFTY is too much for a beginer.
If you ask me (for discussion sake) to choose from MINIFTY of futures and XX50 of options ,then I prefer Minifty.

As rightly pointed out by TP ,perhaps XX50 will help before EXPIRY since 20-30 points
variation is big at that time PLUS the put call parity traders, might bring in liquidity with extra strikes.

Well said Columbus :thumb:
I will not mind paying margin of NF for trading 1 lot of Mini....well maany will laugh at it, but it's my personal opinion. As said by Columbus, Mini was starting point for NF. If ppl directly jump to NF, chances that they will burn badly.
Wish they cud make exception for Mini

 

[deven_c]

I am using nsenow for trading right now, but i want to switch to zerodha trader. What is the procedure as my id and password for it is shown wrong in there.

 

[Zerodha]

You have double debited demat transaction charges on 13-9-2013 for one & the same share sold in NSE & BSE. Though I have sold in different exchanges , there should be only one debit transaction charge from DP. Is it Zerodha's personal rule ? else please provide me the proof / letter from DP. Is it charged differently with other brokers ?

DP charges @ Rs.14 is charged/debit instruction.. Stocks will be debited from your DP equivalent to the quantity you have sold on each exchange.. Stocks sold on 2 exchanges on the same day cannot be clubbed and debited from DP account as the obligation is met to 2 different exchanges... If you wrote 2 cheques to the same person and presented it to the Bank on the same day, would the bank club the 2 cheque amounts and debit the money from your account?

You can find the DP rate list here: https://zerodha.com/download/Change Of Information Documents/ILFSZeordhaONLYDematForm.pdf

 

[neuron_sun]

Hi Zerodha

Is there any plans of introducing shortcuts on Z5 platform?

Thanks

 

[Gandhar.]

zerodha
what about the usdinr margins when will they reduced back? or its gonna stay as it is right now?
any info on this would be good

 

[RAVI1952]

Dear Zerodha,
Why you silent mr.Ravi's problems...I hoped to see your explaination with clarity.....

Thank you for your observation and comments. Zerodha will reply only,if they are in a position to do so. If they do not reply,it will reveal about fairness of their dealings,which I have already experienced.

 

[tradetolearn]

Thank you for your observation and comments. Zerodha will reply only,if they are in a position to do so. If they do not reply,it will reveal about fairness of their dealings,which I have already experienced.

I think u were right ravi ji.I have asked my question twice and then i got the answer and that too incomplete with wrong information.After that also i have asked my query twice and pointed out their mistake, still no reply :annoyed:.

 

[Delaroche]

hi, i have sent a mail at [email protected] with my queries and client id. I do not have have the id of mr bharath, hence was unable to cc to him. regards.

hi,
unable to locate the pm option either in the post or my cp. any other way i could help you take up the said matter for your consideration. regards.
Also, i am short options and the profit/loss figure under client access--view open position-- profit/loss does not correspond to your calculations mentioned above.

appreciate the prompt reply.
1) In case of a nifty index option,is the unrealised profit/loss calculated as the lot size*settlement price of nifty?
2) My open position/mtom shows closing price as 27000+ and mtom value as approx 84 lacs. i have sold abt 6 lots of nifty options.
Kindly shed some light on the above queries.
also, are we unable to use the premium credited by selling options towards margin requirements.?

1) If you're long options:

*Unrealised Profit (In-the-money option only) = (Settlement Price - Strike Price)*Lot Size
*Unrealised Loss = Premium paid for the option

1a) If you're short options:

*Unrealised Profit = (Strike Price+Option Premium - Settlement Price)
*Unrealised Loss = (Strike Price+Option Premium - Settlement Price)

2) Could you PM me your Client ID; we'll have this checked...

Premium collected for selling options will not be considered towards margin to carry forward short options positions.

Just a gentle reminder to kindly have the above issue checked. regards.

 

[Zerodha]

Thank you for your observation and comments. Zerodha will reply only,if they are in a position to do so. If they do not reply,it will reveal about fairness of their dealings,which I have already experienced.

replied, page 61 post 601.