Zerodha....

[Zerodha]

now i got by positions back, thank u .but how to get the index in the top of the application
regards
bala

If you press Ctrl + I ,

Window opens, Right click inside the window we get show indices dialogue,

select on this option, we get an indices window...

You can see all the indices, choose index that you want and right click and say add to dlg bar... It will get added on the top and saved automatically...

If you have problems with it, leave us your number, someone will call and guide you with this...

Cheers...

 

[Zerodha]

Re: Zerodha....Query on Writing options

Hi Sachin,

Please could you let me know the intraday margin required for writing stock options and is there any sheet available for the same.

Specifically if i want to write 600 CA for Tata steel what might be the intraday margin required and is there any specific formula to approximately the calculate the margins required... for the stock as well as nifty options.

Regards,
Pranay

Our risk management software calculates margins, we are trying to put it on an excel which can help you in figuring out how much margin is required to write the option....

But just to give you an idea, margin required to write an option is the same margin required to take a position in futures... but with option writing , the premium received gets credited to your trading account... If you are doing it intraday, margin to write will again be 50% of SPAN margins for future... The margin required keeps reducing as and when options go out of the money...

We will put it down on a spread sheet and give it out to all our clients soon..

CHeers....

 

[pranay1986]

Re: Zerodha....Query on Writing options

Our risk management software calculates margins, we are trying to put it on an excel which can help you in figuring out how much margin is required to write the option....

But just to give you an idea, margin required to write an option is the same margin required to take a position in futures... but with option writing , the premium received gets credited to your trading account... If you are doing it intraday, margin to write will again be 50% of SPAN margins for future... The margin required keeps reducing as and when options go out of the money...

We will put it down on a spread sheet and give it out to all our clients soon..

CHeers....

Thanks for your quick response..

I was just going through the margin file you sent along every morning..
If you could help me in identifying the approximate margin required for writing A) Nifty Option
B) Stock Option

For eg - Currently the Nifty Span margin for Intraday is approx 8000.. so considering the same if i would write the 5300 call one lot would that mean i would get credit approx 4000..

Similarly ... for a stock option such as Tata steel.. where the span margin as of morning was approx 15k for intraday..
So if i would want to write the 600CA would that mean i will be credited 7.5k for the day

(Assuming these options are all At The Money and In The Money options)

Similarly if its a Out of the money.. how much percentage depreciation does that have ?..

Just trying to work out some details if you could let me know some figures it would be really helpful..

Thanks,
Pranay

 

[Zerodha]

Re: Zerodha....Query on Writing options

Thanks for your quick response..

I was just going through the margin file you sent along every morning..
If you could help me in identifying the approximate margin required for writing A) Nifty Option
B) Stock Option

For eg - Currently the Nifty Span margin for Intraday is approx 8000.. so considering the same if i would write the 5300 call one lot would that mean i would get credit approx 4000..

Similarly ... for a stock option such as Tata steel.. where the span margin as of morning was approx 15k for intraday..
So if i would want to write the 600CA would that mean i will be credited 7.5k for the day

(Assuming these options are all At The Money and In The Money options)

Similarly if its a Out of the money.. how much percentage depreciation does that have ?..

Just trying to work out some details if you could let me know some figures it would be really helpful..

Thanks,
Pranay

I had posted this a few days back, have a look, just to give you an idea:

Margin requirement for writing options(Nifty@5500)
Considering today when markets were pretty volatile

Intraday: 5300PE(6393), 5400PE(6783), 5500PE(7354), 5600PE(8212)
5500CE(7941), 5600CE(7037), 5700CE(6438), 5800CE(6102)

Overnight:5300PE(18213), 5400PE(19343), 5500PE(20990), 5600PE(23460)
5500CE(22590), 5600CE(20022), 5700CE(18317), 5800CE(17360)


Option premium will be given as margin benefit only when you have complete margins and not when you are writing with the above margins( both for stock and index)....

Hope this helps... The thing with option writing is that, even a lot of big brokers themselves don't really understand how much margin has to be blocked... ...

When the margin required for writing is lesser with us, people think we are wrong...

We are trying to move our clients from option buying to option writing for intraday trades by giving margin benefits for writing... Option writing inherently increases the chances of a winning trade, even on an intraday basis...

For eg, by writing options, you will make money in markets which are going in your direction and also in markets which are "flat"... This additional probability of winning improves the chances of day trader winning by over a 70 times( seems big,but is actually true).... Let me not get into giving gyan on how to trade... ...

But the idea is, if you are writing options with us, the margin requirement is pretty less compared to others....

Cheers...

Sachin

 

[tukai29]

Re: Zerodha....Query on Writing options

I had posted this a few days back, have a look, just to give you an idea:

Margin requirement for writing options(Nifty@5500)
Considering today when markets were pretty volatile

Intraday: 5300PE(6393), 5400PE(6783), 5500PE(7354), 5600PE(8212)
5500CE(7941), 5600CE(7037), 5700CE(6438), 5800CE(6102)

Overnight:5300PE(18213), 5400PE(19343), 5500PE(20990), 5600PE(23460)
5500CE(22590), 5600CE(20022), 5700CE(18317), 5800CE(17360)


Option premium will be given as margin benefit only when you have complete margins and not when you are writing with the above margins( both for stock and index)....

Hope this helps... The thing with option writing is that, even a lot of big brokers themselves don't really understand how much margin has to be blocked... ...

When the margin required for writing is lesser with us, people think we are wrong...

We are trying to move our clients from option buying to option writing for intraday trades by giving margin benefits for writing... Option writing inherently increases the chances of a winning trade, even on an intraday basis...

For eg, by writing options, you will make money in markets which are going in your direction and also in markets which are "flat"... This additional probability of winning improves the chances of day trader winning by over a 70 times( seems big,but is actually true).... Let me not get into giving gyan on how to trade... ...

But the idea is, if you are writing options with us, the margin requirement is pretty less compared to others....

Cheers...

Sachin

can i give two more thanks for that ....but alas traderji forum has no such OPTION but to WRITE it...

thank u ..thank u very much....thanks a lot:thumb::clap:

 

[pranay1986]

Re: Zerodha....Query on Writing options

I had posted this a few days back, have a look, just to give you an idea:

Margin requirement for writing options(Nifty@5500)
Considering today when markets were pretty volatile

Intraday: 5300PE(6393), 5400PE(6783), 5500PE(7354), 5600PE(8212)
5500CE(7941), 5600CE(7037), 5700CE(6438), 5800CE(6102)

Overnight:5300PE(18213), 5400PE(19343), 5500PE(20990), 5600PE(23460)
5500CE(22590), 5600CE(20022), 5700CE(18317), 5800CE(17360)


Option premium will be given as margin benefit only when you have complete margins and not when you are writing with the above margins( both for stock and index)....

Hope this helps... The thing with option writing is that, even a lot of big brokers themselves don't really understand how much margin has to be blocked... ...

When the margin required for writing is lesser with us, people think we are wrong...

We are trying to move our clients from option buying to option writing for intraday trades by giving margin benefits for writing... Option writing inherently increases the chances of a winning trade, even on an intraday basis...

For eg, by writing options, you will make money in markets which are going in your direction and also in markets which are "flat"... This additional probability of winning improves the chances of day trader winning by over a 70 times( seems big,but is actually true).... Let me not get into giving gyan on how to trade... ...

But the idea is, if you are writing options with us, the margin requirement is pretty less compared to others....

Cheers...

Sachin

For eg, by writing options, you will make money in markets which are going in your direction and also in markets which are "flat"... This additional probability of winning improves the chances of day trader winning by over a 70 times( seems big,but is actually true).... Let me not get into giving gyan on how to trade... ... :thumb:


Hence i am trying to work out the details i have tried buying options..
and i do understand how fast one option depreciates..allthough the inherent risk in writing is considerably higher but for intraday trades .. even though if market moves 10 points.. when in futures.. there is considerable movement however in options after movement of 10 points in nifty spot followed by a lull period causes the option value to come back to almost its original state..

I had read your post earlier about the intraday margins for nifty positions but still am confused on the margin requirement because for all the positions the margin seems to be same and as there was no mention of stock options hence the query raised.

I also believe the writing stock options could be more easier one they have peaked off on either way.. you can easily garner.. 2 points..just a thought..
Had tried shorting the nify futures and bank nifty futures however the brokerage kills it sometime..

So my next question is whether the brokerage is same like buying an option or
in case of writing it is similar to futures?

Still i am trying to learn the nitty grittys and any information will be helpful..

Thanks,
Pranay

 

[trader31339]

Payout requests are processed through our backoffice software and instructions sent to the bank, this is done automatically not manually...

So,unlike other brokers I suppose there wont be questions for withdarwing money ?
I had a bad experience with another broker, I had to give him reason for withdrewing money, since he thought i m leaving him

 

[mihirpalai]

how to link my current demat account with zerodha trading account

 

[djfreaky]

Hi Bala,

Use alt+ f6 ( net positions) ... this will show your net position presently...

f11 will take you to admin positions... In admin positions, choose netwise and say get positions, this will show your total net position...

In admin, choose daywise and say get positions, this will show positions that you have taken today...Leave us your number if you still can't figure this out, will get someone to call you back on this...

Cheers...

How to see stocks bought in cnc? that is stocks in my demat account?

 

[Zerodha]

Re: Zerodha....Query on Writing options

For eg, by writing options, you will make money in markets which are going in your direction and also in markets which are "flat"... This additional probability of winning improves the chances of day trader winning by over a 70 times( seems big,but is actually true).... Let me not get into giving gyan on how to trade... ... :thumb:


Hence i am trying to work out the details i have tried buying options..
and i do understand how fast one option depreciates..allthough the inherent risk in writing is considerably higher but for intraday trades .. even though if market moves 10 points.. when in futures.. there is considerable movement however in options after movement of 10 points in nifty spot followed by a lull period causes the option value to come back to almost its original state..

I had read your post earlier about the intraday margins for nifty positions but still am confused on the margin requirement because for all the positions the margin seems to be same and as there was no mention of stock options hence the query raised.

I also believe the writing stock options could be more easier one they have peaked off on either way.. you can easily garner.. 2 points..just a thought..
Had tried shorting the nify futures and bank nifty futures however the brokerage kills it sometime..

So my next question is whether the brokerage is same like buying an option or
in case of writing it is similar to futures?

Still i am trying to learn the nitty grittys and any information will be helpful..

Thanks,
Pranay

A lot of people try to venture out to make a couple of bucks on an out of the money option, but if you look back, historically this will loose you a lot of money in months like this and because it is out of the money, stop losses are usually tough to keep... These months will loose you money that you would have made in 11 months of making tiny bits on deep OTM options...

What I was referring to was, writing options even for you day trades... 95% of traders don't do it, but if you back test any trading system, choosing option writing over option buying and futures trading, increase the chances of winning...

That apart, now that all stock options are european, safer to write stock options.. But the risk on stock options is that it can get illiquid and make it really tough to exit a trade....

As far as brokerage is concerned, with us it is 20Rs an executed order for whatever you do.... ...

Best of luck with your option trades....

Cheers...