Zerodha....

[varun_alld]

Hi Varun,

Firstly, Options are Profitable. At the sametime, Options can make you BANKRUPT, if you trade without knowledge/disclipne/proper analysis.

Coming to the point, When ever you Buy a Call Option or Put option, you dont have to pay margin. You just need to pay the Premium amount * Lot size.

Eg: Nifty premium is 100 and lot size is 50. Amount payable is 5000.

You can do intraday trading or hold till expiry.

Margin on options is required only incase you are SELLING NAKED UNCOVERED OPTIONS. And the margin is upto 20% plus normal premium amount. Margin is stipulated because selling options will frequently trigger stoploss.

Hope I clarified your query.

THANKS A LOT sangfroid for answering these questions. i know that nifty options have high risk as compared to futures but i am trying to back test some EMA cross over strategies to get into the trade. and i know the risk factor, thats why i am just concentrate on buying calls and puts and i am not at all interested in nifty options selling because that in itself is a HUGE RISK ....

and regarding your answer as far as i understand --- all the 4 points that i had mentioned (with answers) in my earlier post are correct??

regards,

varun.

 

[columbus]

Hi Zerodha....

Firstly, Thanks for coming up with such innovative, responsive, cost-effective brokerage service.

You have truly dominated the Traderji website.

I'd like to open trading a/c with Zerodha.

Kindly, clarify the follwoing points.

1) Do u have any branch office in Hyderabad. If not, How do i apply?
2) What banks have u tied up with for funds transfer? Will appreciate if u have PSU Banks.
3) If I open a/c, how long will it take for my a/c to be Up & Running.
4) What about A/c opening charges.

Yes,not a branch but franchise at Ameerpet.
(wwwdotzerodhaonlinedotcom)

 

[silverm]

Can I get a your Span file

 

[arjit]

Dear all,If anyone is trading using NOW with mobile then tell me which is the cheap and best for it

 

[grv_1900]

How many people here trade commodities?? Would you switch your broker, if we gave a top notch trading platform at 20 bucks an executed order for all MCX scrips?? No strings attached.... We would need support of all our customers to kick start the commodity business......

Full support assured to you by all commodity traders.......You can be assured all are eagerly waiting for you to start commodities:thumb:

But before giving commodity timelines & raising our hopes......at least start currencies in NSE.....I think this should be easier to do and demand has been going on for quite sometime

 

[msa5678]

Dear Zerodha,

I had to reverse my position on Friday the 8th July around 3 p.m. For this I followed the following steps:::

Step 1 :

View attachment 16668


Step 2 :

View attachment 16669


Step 3 :

View attachment 16670


If you see in the Step 3 , The Select dropdown is blank , so I cannot select anything and execute the trade. from 3:00 to 3:28 I tried many things, like restarting the machine, cleaning the java cache, without any result. Finally around 3:29 I succeeded in getting the dropdown and execute the trade.

In the meantime the market fell like nine pins.

My question is , Why did it happen ?

Regards,

 

[columbus]

Dear Zerodha,

I had to reverse my position on Friday the 8th July around 3 p.m. For this I followed the following steps:::

Step 1 :

View attachment 16668


Step 2 :

View attachment 16669


Step 3 :

View attachment 16670


If you see in the Step 3 , The Select dropdown is blank , so I cannot select anything and execute the trade. from 3:00 to 3:28 I tried many things, like restarting the machine, cleaning the java cache, without any result. Finally around 3:29 I succeeded in getting the dropdown and execute the trade.

In the meantime the market fell like nine pins.

My question is , Why did it happen ?

Regards,

Hi msa,

I do not know ,why you are using Now-Web ,just try NowXpress.
I thing in NOWweb ,we have to refresh the screen to have latest values.
In NOWxPRESS ,it is not so.Any specific reason why you have opted
for NowWEB?

 

[msa5678]

Hi msa,

I do not know ,why you are using Now-Web ,just try NowXpress.
I thing in NOWweb ,we have to refresh the screen to have latest values.
In NOWxPRESS ,it is not so.Any specific reason why you have opted
for NowWEB?

Hi Columbus,

I am unable to use NowXpress in my office because of firewall restrictions, that is why I am using NOWweb. Hope this clarifies the situation.

Regards

 

[Zerodha]

Hi Zerodha....

Firstly, Thanks for coming up with such innovative, responsive, cost-effective brokerage service.

You have truly dominated the Traderji website.

I'd like to open trading a/c with Zerodha.

Kindly, clarify the follwoing points.

1) Do u have any branch office in Hyderabad. If not, How do i apply?
2) What banks have u tied up with for funds transfer? Will appreciate if u have PSU Banks.
3) If I open a/c, how long will it take for my a/c to be Up & Running.
4) What about A/c opening charges.

1.No branches anywhere outside Bangalore, We can send you a courier of the form or preferably you could print the form, sign and send it to us, leave us an email [email protected]

Axis and HDFC for now, but we should have 30 other banks available soon...Presently if you have other banks, you can transfer using NEFT or RTGS, can take 1 to 5 hours on what mode you use...

If it is only trading , in 24 hours from when we receive complete form... If demat+trading, demat can take 5 working days....

for only trading, Rs 300, for demat+trading , Rs 600 ... if you print the form, 100Rs discount...

 

[Zerodha]

Hyi all,

I have just got my trading account opened with ZERODHA and I am trying to get into the options segament, have a few questions, would request ZERODHA or other senior members of traderji.com to answer these


1) if I buy 1 lot of NIFTY-5700C-1M (call) at a premium of 110. what would be the total margin required ? --- (I think it would be 110 x 50 = 5500 Rs.--- am I correct ??)
2) I can sell this NIFTY-5700C-1M (call) on a intraday basis and if I want I can hold this for 2-3 days or till expiry --- am I correct ?

3) if I buy 1 lot of NIFTY-5700P-1M (put) at a premium of 110. what would be the total margin required ? --- (I think it would be 110 x 50 = 5500 Rs.--- am I correct ??)
4) I can sell this NIFTY-5700P-1M (put) on a intraday basis and if I want I can hold this for 2-3 days or till expiry --- am I correct ?

Would really appreciate if someone from ZERODHA or some senior member of this forum can answer these questions???


Regards,
Varun.

1. Yes
2. Yes
3. Yes
4. Yes

Cheers