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Zerodha

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Please find my comments in BLUE




I guess you mean I can do a CNC BUY ..right ? (I don't do intraday MIS)



There are three fields

Cash Available

Margin Utilized

Net Margin Available



Which field you refer here in this case ?
Mega, Cash margin available + Payin - margin utilized is your actual balance..

By default there is no column that shows this.. This is what you can do..

Right click on the column header in view limits window.. You get an option to add custom column.. Click on it, you get a table, Choose cash margin and click on + follow it by clicking on Payin and pressing _ click on margin utilized and then click end.. Give a name to this column, you would have created your custom column.. Cheers..
 
1.If I buy June Nifty Futures @5000 and sell July Nifty Futures @5020 - how much money do i need to deposit for this spread of one lot ?
1. What you are talking about is a calendar spread. Exchange gives margin benefit for this. You would require only one side margin to hold this position overnight.. So instead of 25 + 25, you will require only 25 for holding overnight.. If you want to take same position intraday, you would require 40% of this amount..
@ Zerodha
Is it necessary to do this type of spread, Nifty June Buy vs Nifty July sell only, I mean Nifty vs Nifty only or can be done with Nifty Jun buy vs Minifty July sell also, with the payment of margin money of 1 lot only (or 5 lots of minifty to 2 lots of Nifty) for taking overnight position.

Can you give some details of different types of spreads.

Thanks
 

Zerodha

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@ Zerodha
Is it necessary to do this type of spread, Nifty June Buy vs Nifty July sell only, I mean Nifty vs Nifty only or can be done with Nifty Jun buy vs Minifty July sell also, with the payment of margin money of 1 lot only (or 5 lots of minifty to 2 lots of Nifty) for taking overnight position.

Can you give some details of different types of spreads.

Thanks
Chandra,

When you buy options the premium has to be paid irrespective of what the strategy is, there is no margin benefit if you buy options using any strategy..

As far as futures and writing option positions are concerned, exchange blocks margin, but the margin blocked is not per the contract but as per your entire f&o portfolio, hence it is call SPAN margin(Standard portfolio analysis of risk)..

Unfortunately none of the brokers today(including us) have a tool which is given to the the retail that can tell you the margin that will be blocked as per the portfolio.. Most of the margin calculators will tell you only based on that particular contract and not the portfolio...

The reason I am telling you is, yes you should ideally get some margin benefit if you have bought 3 nifty of this month and shorted 5 mininifty of next month.. But can I tell you upfront how much?? unfortunately no.. You will know the actual margin blocked only after taking the position.. It is unfortunate, but that is how it is with almost every broker I know of..

The other way to calculate margin would be to use the PC-span software that NSE sells, they charge around Rs 8000 for the same...

Any spread which has opposite effect on each other should give you a margin benefit.. In calendar spreads, only one side margin is blocked.. Bull call spreads, the margin reduces and etc..

Now the interesting bit, I don't know if someone already provides it, but we are developing a very interesting tool to calculate margins upfront based on your f&o portfolio.. so you can put multiple positions and the calculator will tell you the margins required before you enter the position.. We are hoping to have it on Zerodha Trader before we launch it for equities..
 
Zerodha

as you mentioned that you hace received the exchange confirmation for Nest Trader, so can we expect that from next week we can see the integrated Z Trader combining all the exchanges in a single platform?

sr
7 to 10 days at the most..
NSE cash & F&O both ?? (or was it BSE ??? :confused:)
 

megapixel

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Zerodha ,

Please provide online and mobile version of your new trading software . You know its not always possible to sit in front of the desktop terminal and trade...people want flexibility ..All brokers provide these facilities.
 
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