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Zerodha

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@zerodha hi i am opening a new acc with u and i am adding a second holder also .what all documents are required for adding secound holder?
For a trading account there is no concept of a second holder...

For demat account you have a second holder... Need a copy of pan, photo and address proof for the second holder.. Also on the demat form, you need to sign next to S1, S2 onwards...

Send us an email to [email protected] with your contact, we will call you and guide you through the process...
 

Zerodha

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Hello Zerodha,
A small statutory warning should take care of the complaints


Or, in expenses, you can have a column for "Stamp Duty (for this transaction)"
The problem to show this there is, assume this was your first trade of the day..Your stamp would be Rs 50 and won't go up during the day... If you place another order of the same size, it will show you Rs 50 again... You would be paying only Rs 50 for the entire day, but your calculation will show you Rs 100... Can be misleading... So we have mentioned a disclaimer on the page which is very easily visible to everyone... We are changing the wording by end of the day today...
 
1. Can u pls explain as how u calculate margin requirements while selling options ? Need the formula to calculate the margin for selling options. If u have document sheet explaining the same then pls send me.

2. If i sell 1 lot of Nifty NOV24 call option of strike 5400 @ Rs44.00 what will b the margin required ? And how much margin will be required if i sell 10 lots of the above options.

3. Is there any margin benefit given if i sell 10 lots of Nifty call option of 5400 @ Rs 44 and also sell 10 lots of Nifty put option of 4800 @ Rs 42 . The current Nifty spot is assumed to be 5100. And in this case i have a hedge position, so i think that there will be some sort of margin benefit Pls explain the margin benefit that i will get. And please also explain the total margin that i will have to pay while taking these hedge positions. Is this margin benefit applicable in same month series or can be applicable in different month series also like selling call in october and selling put in november series.

4. What will be the margin requirement in this case : buying 10 lot of put option Nifty 4800 @ Rs 42 and selling 10 lots of put options Nifty 4900 @ Rs 60.

Kindly pls explain each of the 4 cases with proper calculation description. After this i am going to open an account with you in 1-2 days time.

Thank You
 

comm4300

Well-Known Member
I recently sent my documents to them, my account got opened today, at around 9.00 pm had issues logging into the back-office portal, called 'zerodha' was sure they would be closed, spoke to 'Sachin', even that late at night, he explained everything with a lot of patience, unbelievable service....
THIS is the USP of zerodha, not just the low brokerage.....! :thumb:
 
I recently sent my documents to them, my account got opened today, at around 9.00 pm had issues logging into the back-office portal, called 'zerodha' was sure they would be closed, spoke to 'Sachin', even that late at night, he explained everything with a lot of patience, unbelievable service....
THIS is the USP of zerodha, not just the low brokerage.....! :thumb:

And still " log Zerodha ko unglee kartey hain" :D


SHEKHAR
 
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