Zerodha - Number One Discount Broker in India

[manojborle]

Can anyone answer or is zerodha on holiday
Mode

Have you ever tried their span calculator ?

In ZT u have this option, you select strikes with buy/sell qty and then after adding click get span.

You should be able to see margin required.

 

[Zerodha]

Zerodha

What will be margin required to sell deep ITM option : Say 5500 CE at todays closing price of Rs. 550

And can the premium collected by selling be used for intraday trading ? I.e. Can I collect premium of Rs. 25000 and use that for intraday option buys, assuming I've enough cash to take care of any MTM for the Sold 5500 CE option

Sorry had missed your query,

The margin for writing this is around Rs 55000, but when you write you will get the Rs 600 in premium which is around Rs 30000 back to your trading account. This Rs 30,000 can be used to do anything u want..

 

[Trader J]

Can anyone answer or is zerodha on holiday
Mode

Dear Trader15,

What is your strategy ? Please explain how we can earn more money using less margin. Thanks

 

[hibhai]

Couple of issue

A couple of thing that Zerodha has promised since almost a year now. Can see nothing happening on that front.

1. Better Mobile trading platform (Tarikh pe tarikh...but the better app is never launched). As you know the current App keeps on crashing every 2 to 5 mins.
2. Zerodha's own demat service (I agree you said it will take some time)
3. Facility to place SL and Target orders together so that if one is executed the other is automatically cancelled. As I pointed out previously if idirect can do it there is no reason why cant you, execpt the fact that your software may need updation. Regulation cannot be the reason for not coming up with this because idirect already provides this option and I am sure they are still compliant.

 

[a1b1trader]

@ zerodha,

In your equity reports (back office) for intraday the net receivables and net payable are not settlement profit and loss, they are value of buy and sell. That way if we add the net payable + net receivable the turnover is huge. But in the taxation blog you have always said that turnover means settlement profit + settlement loss, please explain how to get the settlement profit and settlement loss for intraday equity?

Hi
I think you have some wrong understanding about turnover calculation for equity trading.

AFAIK
Turnover means settlement profit + settlement loss, this applies for trading in F&O only and not for intraday trading in equities, which is treated as speculative activity and tax treatment is totally different for equity trading.

 

[poortrader]

Hi
I think you have some wrong understanding about turnover calculation for equity trading.

AFAIK
Turnover means settlement profit + settlement loss, this applies for trading in F&O only and not for intraday trading in equities, which is treated as speculative activity and tax treatment is totally different for equity trading.

If you are zerodha client can you tell me how to calculate the turnover of equity intraday trade from zerodha back office? (Plz note I have only intraday trades in equity)
AFAIK, intraday turnover is speculative, still I think we have to show in tax return what is our speculative turnover and P&L. I think you are saying that speculative turnover should not be added to FnO turnover.

 

[a1b1trader]

If you are zerodha client can you tell me how to calculate the turnover of equity intraday trade from zerodha back office? (Plz note I have only intraday trades in equity)
AFAIK, intraday turnover is speculative, still I think we have to show in tax return what is our speculative turnover and P&L. I think you are saying that speculative turnover should not be added to FnO turnover.

Yes
The calculation for turnover is different for these two types of trading.
Plz visit taxation threads of TJ for more clarification.

 

[Trader J]

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[Gandhar.]

when were glenmark and ubl added to fno? is there a circular from the exchange as before they remove some from fno?

 

[hupadhya]

Hello Zerodha

Is there any way to open indices window by default as soon as we login to ZT?
As of now each time when we login we have to press Ctrl+I to see indices.