hi
do u allow spread order ? and if yes the brokerage for that?
example
Short Nifty 29-Sept-2011 5700 CE @21.50
Long Nifty 29-Sept-2011 5800 CE@ 15.40
kindly tell me the total cost (Brokerage + others Approx) for open and close this type of trade with 10 lot each
and minimum margin money required for this(with 10 lots), as this is a limited loss strategy.
thanks
Hi Chandan,
There is a calendar spread order window, you can place calendar spreads...
The example you have given is not a calendar spread, because they are 2 different strike prices....
For a position like above, there is no margin benefit you get, you would be blocked margin as applicable for each individual position... you can check the margin requirement on our facebook page under discussions....
If it was a calendar spread, buy 5700ce this month and sell 5700 ce next month, then margin would be blocked only one side... exchange gives margin benefit on calendar spread....
As far as brokerage is concerned, if you are buying and selling 10 lots at a time, breakeven point would be around 10-15 paise for nifty options...
Send us an email to
[email protected], we will send you a brokerage calculator....