Q3. While exiting, if there is no liquidity, it is just let expire. It currently doesn’t show haircut %, we will try to incorporate this soon. I have a small query about margin calculation. Thanks Akash for pointing, we will have this fixed. 2. You have not yet enabled MIS Option selling, and intraday margin benefit is also not there. Yep, probably the best reporting tools in Q and Quant: http://zerodha.com/z-connect/category/tradezerodha, Nithin, I tried to send you the link; however, that’s a secured link and can be viewed only when logged in…they have something of their own called Non-SPAN margin and the 10.5-11% i was talking was related to that only. I have another question. Give some other tool or link. When I do a strategy in Zerodha margin calculator, the total margin is seen as 17000, but when I create a basket in kite, it shows the margin required as 54000. Now , in the calculate , I give cash available as 6586 , so it shows that I can buy 3 lot , how it is calculated ? ?… We can see the margin required for selling option ( stock, currency) in your tool. I think it is showing wrong margins. Overnight position means till Expiry date, can i sell on or before expiry date. Total Margin is the margin required to hold the position overnight or also called NRML margin at Zerodha. There is no margin provided for traders buying options as there is no margin requirement for such a trade. Once you place your orders, you have to wait until the 45th minute for the exchange to start the execution process. That’s a quite a lot of leverage! Want to know this asm on equity derivatives is temporary or permanent, The new additional margins are applicable from Nov 30th, 2018 onward. The SPAN shows the margin required, the premium required to buy options will be separate, so yeah Total Margin + Premium to buy the options. You can check margin for Equity, Equity future, Option, Commodity, Currency, Bracket Order(BO), and Cover order (CO) before taking trades and find out how much leverage they are providing. Next Week- TO 11600 CE & PE So in net effect margin blocked after taking a position will be SPAN+Expo – Premium receivable. The basis for computation of exposure margins for index futures, stock futures and short options is explained in this Support article. 30,000. will i get any type of intraday limit to trade in future or option. Time based orders aren’t available yet. If you see it high volatile then stop providing margin instead of banning.Eg Justdial or Jetairways. That is because exchange blocks this. What SPAN calculator shows is what exchange asks us to block. HI Sir It’ll be approximately 21k for a 50 point SL. The margin calculator does not seem to work anymore. The SPAN calculator supports margin calculation only upto 3 months duration option. Sir, I want to sell bank nifty call and put options . Would you be so kind to help me out understanding the scenario: We have over 200 testing it out already. I was trying to calculate the margin requirements using the below link of Zerodha: https://zerodha.com/margin-calculator/SPAN. Is it so ?? Its still showing only monthly dates. around minimum 12500. 17,000+), but still, my question stands !! in currency segment a new contract launch that is INTREST RATE FUTURE BOND there is no option to calculate the BOND margin so can you please give an option in cds segment to calculate the BOND margin. sir Regards It must be showing now. Is this really the case? SPAN MARGIN 19600 try using the chrome or firefox and see. MARGINS ARE DIFFRENT FOR T+0 AND T+1 ? I am not able to see MIS Vs NRML margin requirements. I have margin around Rs.5000. I bought Reliance 1780 Call options and sell Reliance 1860 Call options. Thanks. What happens if stock ends at 199. Across the world margins are half of the actual position. Ideally the system will not allow you to place the order in case you’re short of margins. To calculate your margin requirements you can check out the Zerodha Margin Calculator. Note that you will be still required to maintain 10% of the margin required for futures as cash, for any probably MTM losses. tells me that the free cash balance should also be above SPAN. NSE has licensed this out from CME. Would that be zero margin to sell call on the future posotion? The exchange matches orders from 10:15 to 10:23 (8 minutes). Thank You. Tell nse to remove asm on equity derivatives. So when exchanges calculate margin, they have to factor in all that risk. Does the calculator show margins after considering premiums received or without it? When you exit your long/buy option positions or enter new write/short options, the proceeds or credit of option premium can be used for only new long/buy option trades on the same trading day and only within the same segment (proceeds from equity options can’t be used for currency or vice versa). It’s working just fine. You’re trading IRB 240 CE. I usually trade nifty around 10-15 times in a day with lot size of 50 to 80. 1. Still, we need margin calculator for BankNifty weekly. Yes, for intraday futures and option writing trades. If the call is illiquid, can I exercise it with the stock exchanges mid series (before the expiry?). The issue raised by AYUSHSCZDH on 25 Jun 2015 at 12:18 AM is a serious one and you have not yet responded to it. .. we do not get extra margin via MIS for buying call option right?.. Till the time that the stocks are collected by the Clearing Corporation (T+2), the shares will be in the Early payin account on which certain corporate action benefit are not receivable. is there any optiion. This is lower than in the reverse case (where it is Rs. It’s not showing any output when we entered all inputs. & 3. Is it possible to show how we can make profit by using Future & Options/Call-put/ce/pe, how we can make profit by using these options?? Have read about you on many platforms and your journey has been inspirational. 2. In the former case it works out to be 15% of the contract value and the latter case it’s 12%. As per today ,buying nifty future and selling nifty atm CE required total margin of rs 87126, in that span 39395, exposure 47731, premium receivables 1470, margin benefit 25,170. So please provide demo video & margin calculator in kite add. So with a lac you can buy upto 11 lots. We have two extra leverage margin order types: For a contract with a premium of Re. And the maximum profit would only be $180. We don’t determine the margins, the Exchange do, so there’s little that we can do to help you. By this action, I am not able to take more long positions in futures. Lead, Zinc, Gold Petal, etc are missing. We are ready with a new system to debit shares from your Demat and make an Early Payin to the exchange on the day it is sold. What happens, if you first exit puts? So if tonight there is some extreme market news, and tomm if market opens at say 7000 or 10000, your loss could be quite a bit. if span calculator is showing the following data then how much money should be there in my account to hold this position for overnight …, SPAN margin Rs: 3,411 Sell PNB Nov 250CE at 10.60 on 05/11/2017 zerodha calculator does not show the margin required for intraday trading. Please can you publish updated Margin calculator which will be effective from 21 Jan 2019. Now, for What is the margin requirement for options, it could be said that option margin is the money or shares that an investor already has to deposit before options for writing or selling in his account as insurance. But I thought that margin requirements are different for weekly options are monthly options. Also, how do I calculate the margin required for long-dated NIFTY options? Please reply. The margins for the monthly and weekly contracts are the same. Besides, this is a standard strategy named Bear Put Spreads (or Long Put Spreads), for which NO OTHER Exchange/Broker IN THE WORLD outside India charges a Margin. and nifty 8280 call option is trading at a premium of 100. then by this i can buy 1000 shares of nifty. 90000+Rs.95000 I tested it out and found no issues(here’s a screenshot). what is margin benefit in margin calculator, which is appearing in green. 980000 I see LT Aug futures margin same 27850 on SPAN and futures link. how much margin I must required to 5 lots (25*5=125)? When you write 7900 puts and 9300 calls, you are still carrying a completely open risk position. Any MTM losses below the SPAN+Exposure has to be met the same day. Zerodha doesn’t charge anything for intraday leverage. I am an new trader to zerodha platform , just checking the margin calculator before starting active trading.. As per span calculator ,Rs. There is a check which says – you are posting too quickly, SLOW DOWN. SPAN Amount(A) 15352.00 ——— what does this detail mean? 1) Why I need that much huge margin (as per the example, let’s say 25 times margin (4,68,815 / 18,750) in my account to Short the 10200 PE. I am trying to BUY SUNPHARMA-17JAN future (1 lot, NRML position…not MIS) and as per margin calculator total margin required is appx 64k, however, when I placed the order it was rejected for reason that margin is insufficient. कितना मार्जिन / लिवरेज Zerodha देता है ? is it so? The future & option lot size of Reliance is not correct in the the calculator, it should be 505, therefore is not able to calculate. Thanks in advance, i think for option selling u need to have the margin amount of nifty futures..for option buying u jus have to pay the premium price *75. So that means if I would like to buy “RELIANCE 28-SEP-17” for intraday & Overnight I should use “Equity Future Margin” calculator and if I need to buy for CNC or Spread Order I should use “NFO–> Futures” Margin calculator. It could be an account specific issue and I can have someone from our Support team access your computer and resolve it? no interest charges…even if cash is not given &. In my example above SPAN Margin shown in Zerodha calculator smaller than PC SPAN Software. Dear Sirs, But Banknifty has got weekly expiry schedule. But I can tell you this that what we block matches what exchanges ask us for. Total Margin is the margin required to hold the position overnight or also called NRML margin at Zerodha. It is about writing NIFTY 8200 PE 29 Jan 2015. the details which I receive from the spam calculator are, Combined margin requirements what time are you trying to check this? 7000 CE currently is trading at 900 Rs. why there is difference in margin for options trading calculated here and while doing trade ? sir i am layman, so please tell me in figures..i dont understand your calculator. Exposure margin i have some query doubt on wring/short stock option call, now its month of jan and i have write/short call of march is it possible HI SIR For example, if i refer your SPAN calculator for say LT-27-Aug-15,I note that Rs. sunpharma options 380 PE (feb19): strike 380 CAN WE PAY FUTURES MARGIN IN CASH ONLY OR FULLY AS STOCK ALONE, IS THERE ANY % THAT HAS TO BE IN CASH COMPULSORILY ? if am trying to buy the script I m illustrating it. How much amount required in our account for option selling. It is not showing up any results for the same. Today i faced a problem , brokerage calculator said i can make a spread out of 2 90 000 , when i put in orders were not being placed , so i put all mis orders and started converting them , could convert 2 legs and the 3rd leg refused to get converted saying partial conversion possible , Mr.Swamy at the call centre also could’nt help saying margin requirements are more now , i had to dilute 23% of my position in loss and not to mention additional brokerage costs , please mention a way on how to put in spreads. SPAN Margin – 52,305 If today I want to Jain Irrigation 1 lot 105 CE total margin requirements not displayed. How much max quantity I can buy in such scenario, and pl keep in mind I will be squaring off the position at end of day as well so that I will not be breaching the margins. What is the total amount paid by me for margin. So in the example below, the margin required to write/short 1 lot of Nifty 6000 calls is Rs 31,625, but as soon as you take this position Rs 13,370 is credited to your trading account effectively blocking only around Rs 18,300 for this position. why ? If you use the product type as MIS instead of NRML while placing an order you will get additional leverage only for intraday trades. pls explain with example. If i want to trade on intraday basis do i get better explosure and less blocked margin. Dear Nitin, Thanks. SPAN calculator shows the premium amount for yesterday’s closing price. if i want to go short on banknifty how much should i have if it is 200*40 weekly expiry. Hi, Value of Nifty is 10750 I just wanted to highlight that ICICI have two types of margin system 1. 3. As on May 3, 2016, I sell infy 1240 call at 10.5 and buy infy 1260 call at 7.3. Yes, currency futures and option writing trades. Each time i add a new position, instead of adding it to the position i had earlier selected, it is replacing the previous position i had entered. SELL DISH TV OCT 72.5 PUT how much margin required if One Long Position is in Nifty but One SL order and Target order are open ? Yes the margins applicable are for overnight positions. Also, if we short the option using MIS, how much of the total margin amount is premium receivable? You will Karthik, the money that you receive from shorting 8800 calls get credited to you only on T+1. What you see is what you get. 6500 C 50 B -2715 When i hold stock of a company “ABC” and i want to write a call of the same company, since this is covered call would i get any margin benefit. Launch ‘PI’ at the earliest possible time, waiting for it . For example to sell a 10-lot of .04 delta puts in SPY, assuming it’s cash secured, $189,000 would be needed to satisfy the margin requirement! i am running short of margin and getting reminders. the issue was that the script dropdown list was not populated with details irrespective of what i select in Exchange and Product. Please update the option pics. Same is being shown in the Margin Calculator tool, why is it so? Eg, Please help me understand how exposure margin is calculated. 3)in third scenario suppose in case 1 & 2, I am holding Equity of 20lacs of MRF shares… What effect on F&O obligation. it is showing Yes 68000 required and your loss will Rs 41000 (500 x 82). 3. yes, ETF: Exchange traded funds, so you need a broker to buy ETF’s Could you also please clarify, If i buy futures under Normal with Expiry date jan 2015 and if i sell before expiry , amount will be credited on the same day when i sell or do i need to wait till the expiry date, 2) can i sell futures partly( like one lot one time and others at different time). 20200731-7 (BSE) and circular no. equity any one working. Exposure margin Rs: 19,373 Please let me know the margin required to trade one lot of nifty futures , one lot of bank nifty futures,call option selling a lot,call option buying a lot,put option selling a lot,put option buying a lot .All the trades done for intraday. (BTW, don’t ask how one will make money selling 8500 Puts and buying 8800 Puts… It makes sense when premium diff between the Puts is << 300 and one feels that NIFTY is sure to close below 8500… but it works only if the Margin requirement for the spread is 0 or very low…) It means I am having positive balance. What is Margin Calculator? Hence nothing on the calculator. But for option, it is not the same case. But has the margin requirement for writing options also increased? Hi, I saw some posts from 2015 April here , where it was requested. For eg: I am checking how much margin needed to short BANKNIFTY 18-Jan-2018 26100 Call but the data itself is not available in margin calculator. My question is:- as per your suggestion I have mentioned long and short strike prizes for either of the contracts executed at the same time. Zerodha में हमें लिवरेज / मार्जिन तीन तरह के अलग अलग प्रोडक्ट टाइप द्वारा मिलता है। … I have some query in it. Can you please rectify this defect. 1. Zerodha Currency Margin has three product types on offer: NRML or Normal is a position that can be taken for Intraday as well as Overnight carried forward positions. Sir, i’m new to trading. No Renjith, this is not allowed by the exchanges and the regulators. does this margin will remain constant till the expiry if the price of underlying move in the favorable direction to my trade? When that would happen since I was told about that 1 month back and there is still no news regarding that on your site? its not working , I tried many times after putting value its not giving any result . I have read your story and your vision related to brokerage and new trading tools. Anand, the margin requirement changes based on your portfolio. Check out http://www.zerodha.com/margin-calculator, Zerodha SPAN and Equity MArgin calulator in ZERODHA.COM Not working for last 3/4 days…Please check. Check this post. One appreciates food best after famine. So, I hope to get your support for pushing NSE to recognize Vertical Spreads and stop this distortion… Nithin, Thanks for your reply. If you choose the product code as INTRADAY instead of MARGIN while placing an order then you will get an additional leverage benefit of 40% of the total margin requirement. Once the stock is pledged you will get a margin of around 70% of your pledged stocks, which can be used to write Reliance calls. I want to calculate margin, using your span-calculator for December contracts of Nifty. Check this article on how the new pledging mechanism works. Please confirm. I have gone through that and not clear. If I write in deep Out of Money Options, margin requirement is huge. 27,589 is needed. However, the logic given to defend this unreasonable margin charge by NSE is not rational. I was trying to calculate the SPAN margin based on the rules stated on the exchange website for the following two cases , and I wasn’t able to tie out with the above calculator : 1) Short ATM call + Long future (same expiry) : Risk-wise this is the same as an ATM put, so am not sure why the SPAN margin changes at all. I am unable to understand that how much money I have to transfer in my trading account so as I can square off my position myself on Monday or Tuesday or Wednesday or on expiry date. Exchanges have to also factor in what is called an execution risk. Just a query, in your calculator i cannot see the margin requirements for writing options (CE/PE) for Nifty Weekly Expiry. Ranjan, we don’t really make a call as such. C) If both above are wrong, what is the required margin which MUST always be present so that the position does not get squared off because of touch to margin.. D) Is it applicable for overnight positions? Demat holding: 1000 Cipla Rajkishore Gandhi. 10,0000 how much Margin can I leverage to buy nifty Feb series 6000 Futures? What is the margin required to trade at the money options of 200 qty bank nifty the next 4 days in August month ? 2. Yes Akash, some issue today, we are working on having it fixed soon. The new contract size has to be Rs 5lks, so the lot size will go up to 1250, and margin required will also go upto around Rs 70,000. So essentially margin blocked for futures is reversed, any profit or loss for the day is credited/debited (today LTP vs yesterday LTP) and then margin blocked again. I will try to find out from them though. Both are one and the same Manohar. So, if some has a spread with lower margin he won’t be able to sell the long leg of the spread until either he has sufficient margin or until he square off the short leg first. Because of this my fund balance of zerodha is in negative. I mean for example suppose I am having 15000 puts of 250 strike on sbi and if I want to sell 240 strike therefore I should get margin benefit for the amount shown in calculator. Is there any other way to get them? nitin sir need help span margin calculator is not working in any segment it will grateful to you if you check once, Dear Nithin Is there any way to do this? Please include Bank Nifty weekly options in your symbol list. So Rs 13,892/- Will be the margin required for this position .. Account status of 30,000/- will show 13,892 as blocked margin and 30,000 -13,892 = 16,108 INR As available limit. IT has to be calculated separately based on which state you are from. Even if entire thing is gone my total loss will not be more than 1,38,160. Check this: http://tradingqna.com/949/span-margin-for-a-hedged-postion, Thanks for your reply, but is it not possible to implement some system where its checks the margin requirement when somebody takes the position and when someone square it off as well? Thanks. Account for all your open positions to get a clearer picture. With regards, Request you to first clear the ambiguity on the SPAN calculator and the link i provided above. You need 40% of that for MIS positions. I want short nifty 9500 call & put also around 10 lot .means 750 call& 750 put month of december 2017 expiry…@ total primium 750. You need 100%. SPAN is a trademarked product by CME. 1) In the above example, i should have Rs 7.6 lacs (4000*190) in my trading a/c for buying the stock. But after today incident i have serious about the integrity of the functioning of Zerodha. Current Value of Nifty is 10900 2) Short ATM call + Short ATM put : Technically the risk for any one shock does not increase when we go from a short call to a short straddle. Why then is the SPAN Margin Calculator asking for a total Margin of Rs. Is there any chance of Square off my option position by the system before expiry date. So with 500 lot size my maximum loss is Rs. All options on expiry is settled based on the underlying price. For options, the transaction charge is on premium turnover, whereas on futures and equity it is on the total turnover. Margin benefit you get on short options. Kindly advice alternative ways if there any to check margin requirement for weekly expiry days. and where can I get the details as http://zerodha.com/margin-calculator/SPAN/ is not updating the script list. Can you guide me on this point? It is the profit/loss you make in futures on a daily settlement basis and it will also reflect the amount paid for option buying/amount released for sold options. Also options of stocks like SBI, MARUTI, RELIANCE are highly liquidable . Here its at least thrice the position! But still option buy requires full cash and you need to have free cash in your account to buy options. Buy one 190 call sell 2 200 calls and buy one 210 call. If in my account i have 26000, and i buy 1 lot. Awaiting your reply. clarify. There is no margin provided for traders buying options as there is no margin requirement for such a trade. Just wanted to know when we do intraday trading using MIS we are given more leverage by Zerodha which in turn enables us to trade with more volume of shares. Diptesh, option contracts are heavily leveraged inherently. The margin requirements for weekly and monthly contracts are more or less the same, so you can use the monthly contracts instead. You need to have full margin. Buy options will be separate, as they are not categorized as margins. in currency segment april script is not showing in margin calculator. SO PLEASE UPDATE YOUR SOFTWARE AS SOON AS POSSIBLE…………. When I checked for the margin requirement to sell a currency option ( OTM ), it shows only 100 RS for one lot in BRACKET ORDER. For example CIPLA MAY FUT shows different exposure margin (Buying price per lot) to that showing in Zerodha while buying which is way more ..Please help . Not necessarily. here is exact text for rejection – I am guessing you might have another pending order which is blocking margin. Nifty Options margin for Intraday trading: Scrip: NIFTY 25-Feb-2016 7100 CE costing 121/- each. Surprising that you are not able to figure out the calculator, Hi Nithin, long 8300 CE @ 570.05, How much margin required currently for iron condor in nifty and bank nifty at latest closinglevels? If you wish to now trade 2 lots of nifty futures which require margin of around Rs 50,000, you can use Rs 45000 from the collateral, but you will need to have Rs 5000 (10%) as cash in your trading account. if yes, after pending position how much margin i have to block or pay. 3.2, and maximum loss is (1260-1240) + 3.2 = Approx 17. For getting option margin benefit do we need to sell both positions in one order or both can be sold separately during the same trading day in different orders ?? If you want to trade this for intraday, it is 40% of this, but you will need to use the product type as MIS while placing the order. We will soon have this available on Q itself. I think you’re trying to calculate margins to buy options. apart from the brokerage? It works the same way for both equity and currency options. HOW MUCH MARGIN IS REQUIRED FOR SHORT SELLING INDEX OPTIONS INTRADAY BY USING MIS INSTEAD OF NRML??? No margins are getting displayed and N/A is appearing. does it require same margin for riding a call option of that scrip. I have purchased one ICICIPRU SEP440 CE & I also had paid premium against it but yesterday night I receive a mail & SMS from your side for margin. Sir , is there about to come new version calculator, because 3. Pay 20% upfront margin of the transaction value to trade in cash market segment. The maximum possible loss should be the difference between the strikes (6400-6300=100), which is 5000/- per lot, and after adjusting for the credit received, (100-54=46 points loss) maximum loss should be 2300. Ranjan, don’t know if you are checking it out right. Any F&O obligation attract. Now at the end of the day the price of future is 589, stop loss is not hit. then what is the point of having discounts in spread margin , cause il have to cough up the entire margin first ?? I was under the impression that, for selling monthly options, the margin requirement is same as that for futures, but that, for weekly options, the margin is lesser. please clarify me. 3. Sibi sorry for the previous reply, yesterday there was an issue from the exchange end, and all AMO orders with SL-M had gotten rejected. span calculator not showing weekly expiry dates of bank nifty, I observed that margin requirements for banknifty is shown only for monthly expiry and not for weekly expiry. You can see MIS here :https://zerodha.com/margin-calculator/Futures/. You need only the premium to buy. The Span calculator is not working. 1) Do I need to add this Delivery margin amount into account or not to clear this option position. Rs: 16,150 is it possible for a customer having a Trading account for both commodity & Equity,FNO , to transfer his funds from one segment to another, than taking payout and making Payin. I cant trade during live markets….so i usually preset my orders using amo….today also i had placed my order fr buying reliance power at 62.3 in MIS mode ….but my order got rejected…and the rejection reason was “16418:order with invalid attributes rejected by system”…where could the problem possibly be? im just able to buy only with my own amount. I couldn’t place BracketOrder for the following.. 1) OTM stock option writing Explained here. Hi. When you write/short options the premium that you receive gets credited to your trading account immediately after taking a trade. But the total margin is sum of SPAN + exposure/non span. By default we can only select monthly contracts. Hope you will look again in the matter,and may be able to provide better solution. Team Zerodha, We know that in Nifty and Bank Nifty, weekly options are more traded than the monthly contracts. Please reply on this. I am using NSE now software, so I understand that margin requirement calculate by SPAN calculator won’t be 100% right. Sir, So after buying the contract – Margins blocked – 59000. I am also not able to calculate margins for weekly bank nifty options, can anyone help on the same. But,, when I am placing the orders in Kite, after placing first order, second order is getting failed with below reason, tried vice-versa, same error. On same day 06N0v2017 in afternoon I repurchase all lots at 30/- I make profit 10/- per unit. Hi Nithin, That quantity restriction we have placed on a bunch of clients, who have been placing 100’s of dummy AMO orders. If your order is not matched in a session, it will get cancelled and you have to place a fresh order again. If by some glitch, stock drops to 190 overnight for even say one minute, now, If I get exercised, what happens? But after AYUSHSCZDH’s comments on the limit money, I am forced to re-think about the same. Give it a little time, it should start working, our techies are at work. i wanted to know how to pledge the equity shares and trade in options with that margin. PDEOD Open-Int Qty – pls do something for me. Many have already repledged it using the new mechanism. Hey Ragavendra, cross-margin benefit is only available across different derivative contracts.
The Goonies Full Movie Youtube,
Skil Drill Press Parts,
Scooby-doo Daphne Wrestling,
Aussie 3 Minute Miracle Curls Shampoo,
Blood Boa Care,
Oregon Covid-19 Laws,
North American Advantage Insurance Services St Petersburg Fl,
Does Ihop Serve Beer,
Map Of The Eastern Hemisphere,
Vestavia City Schools Salary Schedule,
Reading Probes For Comprehension,
Purificame Y Lavame, Renuevame Letra,