Any brokers dont charge margin for option spreads


Well-Known Member
Hi all,

Are then any brokers in around mumbai who dont block margins for spread trades. Basically butterflies. Covered call writing and so on. If the question is already answered would be very kind if you can direct me to the thread.

Zerodha block a margin of 45000 for 1 nifty butterfly + offcourse the premiums of buying. The max loss here would be only the premiums paid. Considering that in my view there should be no margins.

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