In Options trading, when I short an option the RMS deducts the cost of the underlying instead of calculating MTM and blocking only an appropriate amount. Is this by design or am I doing something wrong?
Gentle Reminder(s):
a) Waiting for Top-N for Options
b) Any luck on the reassignment of F1 and F2 Hotkeys?
Again, thanks for the low brokerages and excellent service. Unreal dudes!
Margin for writing options is a little tricky, we are trying very hard to put it on a spread sheet. But with us the range will be between 6k to 11k for intraday based on what strike you are writing. More for ITM options and lesser for OTM.
For overnight option writing position margins required will vary between 15k to 21k based on the strike...
a) about top N options, I think there is a very simple workaround... If you can create a market watch with all nifty option strikes and save it. In reposition columns you can add things like total traded quantity, open interest etc etc... If you click on the traded quantity column,everything will get arranged in ascending order or descending... If I am not making sense, let me know a good time, will call you back and explain how it works...
b) The hot keys, I think nothing much can be done about it.... F1 F2 it is .. .
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Thanks ... Cheers....