Let me implement this strategy today 22.03.21
I am buying SETNIF50 18000 quantity @ Rs 150.41., investing 18000 x 150.41 = Rs. 27,07,380/-.
I will get 90% of this as margin tomorrow, by keeping cash balance of Rs. 2,71,000/-.
My total margin fund will be Rs.24,36,642 + 2,71,000 = 27,07,642/-.
Today's Nifty closure is 14736/-. 8% away call is 15900. I am selling 15 lots requiring margin of Rs 15,10,682/-.
I am buying SETNIF50 18000 quantity @ Rs 150.41., investing 18000 x 150.41 = Rs. 27,07,380/-.
I will get 90% of this as margin tomorrow, by keeping cash balance of Rs. 2,71,000/-.
My total margin fund will be Rs.24,36,642 + 2,71,000 = 27,07,642/-.
Today's Nifty closure is 14736/-. 8% away call is 15900. I am selling 15 lots requiring margin of Rs 15,10,682/-.