Zerodha....
- Thread starter bharath.mang
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- Tags bakwaas now cheapest brokerage nest nest plus new broker zerodha zerodha trader
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Re: new cheapest broker is here. Zerodha
One more query,(purely for intraday)
Suppose I have 14000 in my account & I have shorted 100 shares of TATAMOTORS(Cash) at say Rs.1320.
Suppose i don't square off the position till 3.10 pm, would your automated system buy back the entire 100 shares at that time?
I am asking this because you are not allowed to carry forward short positions in cash market. Otherwise it goes into auction.
Whereas as against the above, if I was long TATAMOTORS at say the same price & i don't square off, your automated system would sell 90 shares at 3.10pm & the remaining 10 would go into delivery.( considering i have 14k in my a/c).
Please clarify whether what I posted above is correct.
One more query,(purely for intraday)
Suppose I have 14000 in my account & I have shorted 100 shares of TATAMOTORS(Cash) at say Rs.1320.
Suppose i don't square off the position till 3.10 pm, would your automated system buy back the entire 100 shares at that time?
I am asking this because you are not allowed to carry forward short positions in cash market. Otherwise it goes into auction.
Whereas as against the above, if I was long TATAMOTORS at say the same price & i don't square off, your automated system would sell 90 shares at 3.10pm & the remaining 10 would go into delivery.( considering i have 14k in my a/c).
Please clarify whether what I posted above is correct.
Re: new cheapest broker is here. Zerodha
Hey Zerodha,
One suggestion about your referral plan:
when email ids are copied and the message is sent, could you please make it bcc? coz i learnt it the hard way that ALL the contacts are in the "to" field and vulnerable to spammers.
I've had to send across at-least 5 apology emails so far....
Thanks!
Hey Zerodha,
One suggestion about your referral plan:
when email ids are copied and the message is sent, could you please make it bcc? coz i learnt it the hard way that ALL the contacts are in the "to" field and vulnerable to spammers.
I've had to send across at-least 5 apology emails so far....
Thanks!
Re: new cheapest broker is here. Zerodha
Annual maintenance for demat is not 600, it is Rs 400
Yes 20/transaction is all you pay.
Yes you are right about ETF's
With 50k in your account you can take 10 times exposure for intraday equity and trade futures with 50% of span margin. For delivery and overnight positions, you need to bring in exchange stipulated margins.. Cheers..
Annual maintenance for demat is not 600, it is Rs 400
Yes 20/transaction is all you pay.
Yes you are right about ETF's
With 50k in your account you can take 10 times exposure for intraday equity and trade futures with 50% of span margin. For delivery and overnight positions, you need to bring in exchange stipulated margins.. Cheers..
Re: new cheapest broker is here. Zerodha
If you are trading stocks on NOW platform, while trading there are 2 options..
When you are placing an order, you have an option to place order either
a. CNC, when CNC is chosen, there will be no margin available, this product is for delivery based trading.
b. MIS, when MIS is chosen, this is an intraday product. You get upto 10 times leverage for this product. Any open position which is in MIS, would get squared off completely between 3.10 to 3.25.
For FNO , there is only one product, NRML..
Intraday FNO positions would be squared off upto the position that your margin can hold between 3.10 to 3.25. so for eg, if with 50k you have bought 4 lots of intraday nifty future, if the client doesn't square off, between 3.10 to 3.25, we will square of 3 lots and let you hold 1 lot as the margin required for 1 lot overnight position is 30k.
Hope this clarifies..
If you are trading stocks on NOW platform, while trading there are 2 options..
When you are placing an order, you have an option to place order either
a. CNC, when CNC is chosen, there will be no margin available, this product is for delivery based trading.
b. MIS, when MIS is chosen, this is an intraday product. You get upto 10 times leverage for this product. Any open position which is in MIS, would get squared off completely between 3.10 to 3.25.
For FNO , there is only one product, NRML..
Intraday FNO positions would be squared off upto the position that your margin can hold between 3.10 to 3.25. so for eg, if with 50k you have bought 4 lots of intraday nifty future, if the client doesn't square off, between 3.10 to 3.25, we will square of 3 lots and let you hold 1 lot as the margin required for 1 lot overnight position is 30k.
Hope this clarifies..
Re: new cheapest broker is here. Zerodha
Hi. By when can we expect this to happen. Reply on funding of overnight posn is still awaited. Pl reply.
Thanks 
.....
So here is how it is, the margin required to short options keeps reducing as and when the strike keeps going out of money.. So for eg today, if you had to short 5900 call and hold overnight, margin required is 31000, 6000 call is 29000 and so on and 6500 call is 18000 Rs... Same way the 5500 put the margin required for overnight position is 18000Rs.
Together it is 36000 Rs that is required, which is very close to what is required to short 1 in the money option(32000)... So, yes there is a margin benefit, but not as much...
What we are trying to work with the NOW team is to set in rules where, assuming you are short 5500 put and 6500 calls, but you are also long 5300 put and 6600 calls.. basically a position where the maximum risk is 100 points on nifty( Rs 5000).... We are trying to set rules where you can get this benefit.. with 5000 you should be able to setup the entire strategy... Cheers...
..... So here is how it is, the margin required to short options keeps reducing as and when the strike keeps going out of money.. So for eg today, if you had to short 5900 call and hold overnight, margin required is 31000, 6000 call is 29000 and so on and 6500 call is 18000 Rs... Same way the 5500 put the margin required for overnight position is 18000Rs.
Together it is 36000 Rs that is required, which is very close to what is required to short 1 in the money option(32000)... So, yes there is a margin benefit, but not as much...
What we are trying to work with the NOW team is to set in rules where, assuming you are short 5500 put and 6500 calls, but you are also long 5300 put and 6600 calls.. basically a position where the maximum risk is 100 points on nifty( Rs 5000).... We are trying to set rules where you can get this benefit.. with 5000 you should be able to setup the entire strategy... Cheers...
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