Establishing any complicated 4 legs extra methods like Iron Condor is extraordinarily cumbersome in Zerodha because it doesn’t permit me to purchase Out of Cash Choices first.
Is there any resolution to this apart from shifting to Orbis which I don’t wish to do as pledging of shares is just not allowed.
Even changing purchase choices from Intra → Regular is just not superb as that is solely allowed for Choices which can be already offered in opposition to it whcih once more results in margin shortfalls.
There’s a resolution if you’re able to spend further 80 rupees – would you wish to know?
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that is going to be attention-grabbing
Hello @Rutwij_Thorat
Presently, One has to quick the choices first in the event that they intend to purchase the OTM choice out of the allowed vary. You should buy first if the choice is throughout the vary. One can test the allowed vary right here
We’re at the moment engaged on making pledging out there for Orbis. Will maintain you posted.
@Meher_Smaran What occurs my at the moment pledged Mfs for margin and different Mfs and Shares held in demat if I do determine emigrate to orbis?
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@Meher_Smaran That’s the obvious resolution however then I’ve to do a few tons at a time to once more handle my margin.
Say my technique inside my margin restrict permits me an Iron Condor with 20 tons.
However as a result of we cant implement the entire technique in Zerodha I’ve to purchase 5 tons at first after which purchase the hedges.
It will result in enhance in brokerage prices.
My suggestion is Zerodha ought to permit shopping for deep OTM Choices whether it is half of a complete technique.
How a lot margin is blocked for 20 tons?