Best Broker for Option Selling

Guys please comment with reasoning- the Best Broker for Option selling.

Da, Astha Trade suggested by you offers overnight positons only on SPAN margin and therefore is cost-effective.
Around 50% of Z effectively.
Commission however is Inr. 30 sell side per lot and Inr. 10 buy side per lot.

Apart from this, the other services, back-office, support etc is good ?

all good, except Back office..not that cool back office..

any other suggestion.

The problem with wisdom capital they just say regarding option selling margin but at the time of trading when u login to ur terminal it will showing 5x margin in order to make it 8x , a/c holder need to call wisdom capital mr sandeep then after some conversation he will chck ur a/c available fund after that he will convert 5x into 8x , honestly it will took 1 hr on the day of expiry u might miss 1 or 2 morning trade bcoz it's happen every time and I got frustrated so plz don't go by with just written on the website.

any broker who do not screw up on events or expiry day and need less margin on expiry day option selling.

Dear mdabrar,

We have checked your trading history. You wish to trade on expiry day exclusively. for this very reason you used to transfer fund on the same day and withdraw fund end of the day.

Now as per our margin policy, once your margin falls below 5000/- your margin limit will be reduced to 2x automatically, until you add funds once again. Its simple.

It is emphasised that for higher margin in derivatives it required additional margin which attracts approx 10% interest otherwise. We can't allot funds where ledger balance is almost zero or inactive trading accounts.

Hope you understand our concerns.

Regards

Brokerage is almost same as ASTHA..

Any one with reduced brokerage

Astha NITFY 9400CE MAY 1 LOT Margin: 23K
Wisdom Cap NITFY 1 LOT Margin: 35k SPAN + 20k EXP : 55k
Zerodha : 23k + 21k : 43k

So Wisdom giving delivery only on SPAN?
I think still higher then Astha but u pay inr. 10 per lot more which is ok.

Dear members ,These new brokerage houses are trusted like other big bank hdfc , icici ... related brok. firms and private like zerodha , karvy , mosl ... ? shall we open a/c and put capital say 4 lakhs always in trading account without taking to bank a/c is safe with these new brokerage companies? , ( if we prefer for lower span margin but what abt safety of our capital ?).

My whole capital is with IIFL, Astha, zerodha and some with sharekhan. Also some with MOSL.

They r safe. Better than HDFC and ICICI in many regards.

U r new. So open account with zerodha or with Wisdom or finvasia.

U will not have any problem.