Zerodha Part 2

[Zerodha]

So Zerodha Part 2, has hit a million views ..

I guess Zerodha Part 1 also had a million views..

2 million views in 2 threads that I am writing on.. phew!!! Tired!!!! ..

Kidding, thank you guys for all the support!!!!

 

[DataRam]

So Zerodha Part 2, has hit a million views ..

I guess Zerodha Part 1 also had a million views..

2 million views in 2 threads that I am writing on.. phew!!! Tired!!!! ..

Kidding, thank you guys for all the support!!!!

Simply awesome !!

@ ZERODHA

Well MCX-SX has brought a Liquidity Enhancement Scheme LES for Traders as well as Brokers in relation to Trading with them . I think you will surely be among the toppers in the broker's section. As far as retail traders are concerned what is the Volume required for the benefit of Rs. 100 per day ?

Thanks.

 

[timepass]

So Zerodha Part 2, has hit a million views ..

I guess Zerodha Part 1 also had a million views..

2 million views in 2 threads that I am writing on.. phew!!! Tired!!!! ..

Kidding, thank you guys for all the support!!!!

Congrats.

It's about the time you assigned a full-time staff for this thread.

 

[rjm]

I would like to open an account with Zerodha for trading nifty futures and options and also for gold commodity. I have a few questions:

1) What is the margin requirements for nifty options for selling puts and calls?

2) What is the margin requirements for selling vertical spreads?

3) Is there a margin requirement for calendar spreads (selling near dated and buying far dated options at the same strike)

I am new to nifty options and I have a basic question:

How are options settled on expiry? Suppose I sell nifty options (1 contract) 5900 call (5900 CE) expiring March 28th and receive Rs. 2500 credit (Rs. 50 option price x 50) and if nifty futures price on this date of expiry is 6000, will my account be debited for (6000-5900-50=50)*50 Rs. 2500 on expiry (difference in strike price and closing price minus credit received for selling)?

Please let me know if my above thinking is right.

Thanks in advance.

 

[summasumma]

Can anyone pls tell me whether zerodha went live in mcx-sx already?

 

[a1b1trader]

So Zerodha Part 2, has hit a million views ..

I guess Zerodha Part 1 also had a million views..

2 million views in 2 threads that I am writing on.. phew!!! Tired!!!! ..

Kidding, thank you guys for all the support!!!!

There are 5000 thanks for your support.

 

[rjm]

I have a follow up question. For option with two legs (strangle/straddle etc), does the order gets executed in one trade or does each leg is executed separately (when I submit the spread or straddle or strangle as a single order).

 

[Trader5]

There are 5000 thanks for your support.

2 million views in 2 threads that I am writing on.. phew!!! Tired!!!! ..

Buddy, Zerodha and its team itself have frequent visitors of this thread.

I have observed on behalf of Zerodha (I guess they all are part of Zerodha) do entertain people here

Its not good to name them!!!

So dont get excited for the number of viewers

 

[marker]

Can anyone pls tell me whether zerodha went live in mcx-sx already?

I don't see MCX-SX in my exchange list when I log in to Zerodha. Hardly anyone seems to be trading in MCX-SX equitiy segment, looking at the daily volumes and number of shares traded (reported on MCX-SX).
How will they get liquidity if they have't enabled clients? How will they get clients if they don't have liquidity?

marker

 

[Zerodha]

I would like to open an account with Zerodha for trading nifty futures and options and also for gold commodity. I have a few questions:

1) What is the margin requirements for nifty options for selling puts and calls?

2) What is the margin requirements for selling vertical spreads?

3) Is there a margin requirement for calendar spreads (selling near dated and buying far dated options at the same strike)

I am new to nifty options and I have a basic question:

How are options settled on expiry? Suppose I sell nifty options (1 contract) 5900 call (5900 CE) expiring March 28th and receive Rs. 2500 credit (Rs. 50 option price x 50) and if nifty futures price on this date of expiry is 6000, will my account be debited for (6000-5900-50=50)*50 Rs. 2500 on expiry (difference in strike price and closing price minus credit received for selling)?

Please let me know if my above thinking is right.

Thanks in advance.

For your first 3 questions, we charge you margins what is asked by the exchange and we provide you a tool called SPAN calculator which shows you exact margin requirements before you take a trade, probably a few brokers in the country have this facility.. http://www.zerodha.com/z-connect/blog/view/span-calculator

When you write options, there is an MTM that happens at the end of everyday.. When you write options, exchanges block a margin and your losses are debited from this margin daily.. At the end of expiry, your margin would get debited by the Rs 2500 as you have put in the example above..