I can see that as per SPAN Max Loss value seen from 1-16 scenario is not matching with PC – SPAN software with me. It seems to be working for us. If I have 41000 stuck with Zerodha instead of 5000, then the leverage is not usable. .. we do not get extra margin via MIS for buying call option right?.. However, as a thumb rule you can note the margins are similar to the monthly option contracts as there is no considerable difference between the two. When you’re entering the second leg, the system has no way to know how much to block, so it just blocks SPAN + Exposure. Is the margin more than 100% of the contract? Thanks & Regards, This margin requirement is stipulated by the exchange. I am using Google chrome browser. Also i dont see a calculate button which i can use to show the combined margin blocked for all my positions once i have entered their details. 1. If i write an option, should i need to keep the total margin in the account? Hi, Having this checked. I was wondering if you use only the 16th scenario. When you write/short options the premium that you receive gets credited to your trading account immediately after taking a trade. I’ve been to varsity on the same. Sir, my query is whether sbi n5 or n6 series bond traded on nse can be given as margin for FO trades for intial and span margins?? Whenever I try to use the Margin calculator in the night, it does not calculate margin requirements for shorting any instrument in FnO segment. For this I have to go on a trial basis and sell one lot intraday without knowing the margin required. Kindly clarify. 1) Could I pledge securities and use the margin for intraday trades? STATUS MESSAGE – rms:margin exceeds,required:122547.50, available:89693.24 for entity account-?????? Say by 3.10 to 3.20pm the margin in your account is close to the SPAN margin requirement or lesser, we square off the position automatically. SPAN and margin calculator will match with what is on the trading terminal. Rs: 6,635. So you will need sufficient margin to enter these individually. 6600 P 50 S 9800 9854 26264 Hello, Hi, If I have a lot of petronet futures bought at 380 expiry of 23rd feb 2017 and sold a lot of 400 Call @ Rs.6/- what would be my net margin obligation. can someone please clarify and regarding the profit projections in sensibull, does it take into account all the charges involved? Just a query, in your calculator i cannot see the margin requirements for writing options (CE/PE) for Nifty Weekly Expiry. SO if the premium for 1120 CE is Rs.18/- the margin required will be 9000 (500*18). There is no such spread benefit (like future) in case of option which is eventually let the required margin low and margin benefit high. Will it attract F&O obligation charges and pls explain answer. Sir, The margin required for such a combined position could be less than sum of individual margin requirements if the positions hedge each other, like in the calendar spread example above. did we increase the margin amount for Futures and commodity. Why am I required to have a margin when I am trying to close my position? Suppose Banknifty is at 27000 (future price). one day before i have positive cash but due to market movement in the middle of day my cash is reduce to -900.00 mean total of SPAN margin and EXPOSURE margin is less by Rs.1000. Total margin is collected to hold the position overnight which is also known as MARGIN under the products available at Fyers. ID DR2746. I use the F&O margin calculator to know the premium that I can get while selling options. Hi sir, Its value is in the range of 4% – 5% of the contract value. 2) Does it because of options in last week of expiry? Why No Reduction in margin ? what is limit against equity for future after haircut. Thanks for the prompt reply. Is my understanding correct? Can someone help me out? Checking why it wasn’t showing before market. e.g. Total Margin = Span/initial + Exposure – Spread Benefit (If any). NSE must be providing a spreadsheet but I’m not able to find it on their website. Time based orders aren’t available yet. People call it equity derivatives, equity futures, futures, they all mean the same. buy 2 lot atm banknifty puts (weekly) on 28/12/2017, I sold call option of RCOM at a strike price Rs.40- for expiry 25/Jan/2018. I am trying to place the below order from the Kite, 20 lots. CEO @ Zerodha and partnering startups through Rainmatter to help grow and improve the capital market ecosystem in India. i tried to sell bank nifty 1 lot of august and buy 1 lot bank nifty july. Can you the MIS charges per transaction, if transaction charges are deducting more than 20 rupees. When i looked at the calculator , i find that it is not showing correctly the premium received. Is there any other way to get them? I am trading in Daily time frame. My another question is: To know the Margin amount for Margin trading on Nifty options, I logged into Backoffice and downloaded the “Margin Details and Position Limits” is this the right file to learn about today’s Margin leverages? i.e. Umesh, the SPAN calculator currently is picking up LTP from our end of day database. Is it like the way we do when we buy options (any time square off)? 50,000 in the trading account and took NRML F&O position where initial margin (SPAN+exposure) blocked was say Rs. Margin requirements may go up or down over time based on movement of Reliance. Could you please provide better margin for such trades. I am sure i have placed orders at similar prices, quantity earlier with no issue…please do the needful…. where can I see the haircut for any fund/stock? Could you please throw some light on the end of day MTM profit/loss adjustments and margin release/call policy that Zerodha follows? What will be impact of STT charge, if i don’t Squareoff Nifty option at ITM on expiry ? If you put a price and no one buys, you will probably have to then modify the price lower, until someone buys. Thanks. Yes you can, shoot an email to [email protected] and [email protected], requesting to pledge your stock as collateral. Thanks. I have used the PC SPAN Software provided by NSE to calculate Span Margin. SPAN calculator shows the premium amount for yesterday’s closing price. 2. Yes, currency futures and option writing trades. 3. I am not sure if there is any catch here. There are going to be a bunch of changes from tomorrow with respect to margin requirements. Also provide MIS and Normal margin calculation option in FNO margin calculator. 1. so what i do for spread ? Checking on the SPAN calculator, it seems to be showing wrong. buying the option is called buyer/ holder of the option and the party taking a short position i.e. Is any penalty need to pay for this ? The margin charged is regulated by the exchange, only Nifty futures margin is around 10% of contract value. other question is that spread order for future only when i sell & buy different month, i can buy or sell in spread order but i want to only one side position for squre off, is it possible? Nithin, i just noted that even though they don’t deduct entire amount from the bank account, they do block the difference in the trading account. I write a 8800 call, buy a 9000 call I cant understand what is Span margin, Exposure margin and Total margin. 2. How does one activate the weekly expiry. Also on SPAN calculator, MIS margin is usually 40% of total margin. Pls share call number in case further clarification. Pl let me know if i trade in Nifty, not squareoff trade till expiry and the remaining premium amount whatever left, SIR, I cannot find how to calculate margin requirement for weekly expiry options of bank nifty, how can I find that? What is the margin required to trade at the money options of 200 qty bank nifty the next 4 days in August month ? This is already updated. Exchanges block the entire SPAN +Exposure all the time from the broker. i am not able to add weekly expiry strikes for Nifty and Banknifty to calculate the margin. The SPAN Calculator is indeed an excellent tool, thanks for that. Where can I find margin required for selling quarterly or semiannual nifty options? But although I have maintain 40000 in account, order is rejected due to higher amount is required. Hence the higher margin requirements. I sincerely appreciate your effort of looking into your RMS/OMS for me. To buy an option, you only need to pay the premium. Cash available – 21000. As seen in the below screenshot, total margin required for Reliance future 1 lot is Rs. when I try to see futures combined margin requirements its getting displayed. One appreciates food best after famine. I got the total margin using this formula. PRODUCT / VALIDITY – NRML / DAY SPAN is used to measure the margins required for trading in the F&O segment only. Rate 6139.40 I could find only the near, next and far term contracts in the F&O margin calculator. If your account balance drops by 60 to 70% from what is the money required for holding the position intraday, it will be auto squared off.