Probably there is no as such overnight mininum fixed span margin for otm option writing, like 5% in futures.
It varies broker to broker.. already Aatha, Wisdom already have overnight options margin as low as 26k-28k.
And...I am talking about personal deals with prop trading brokerage firms. They make such deal with high volume traders. May be high intraday volume for selling options can give u such extra exposure for overnight positions also.. They share their own money for trading(and other clients unused money) to give high leverage. There are ways for doing it legally.
For such personal deals overnight margin is much lower..but first they ensure that even with Rs 3-5 per lot brokerage they get very high monthly brokerage by high trading volumes...
Prop trading firms like such traders for personal deals...who trades with high volume..like traders who convert nrml to mis for intraday to realese more margin to write more intraday options or trading with futures and then before eod convert again mis to nrml..
They just need to ensure high brokerage by high trading volumes and they also see past ledger record of consistency for such trader..
I am searching for such a good and trusted broker who make such deal.
It varies broker to broker.. already Aatha, Wisdom already have overnight options margin as low as 26k-28k.
And...I am talking about personal deals with prop trading brokerage firms. They make such deal with high volume traders. May be high intraday volume for selling options can give u such extra exposure for overnight positions also.. They share their own money for trading(and other clients unused money) to give high leverage. There are ways for doing it legally.
For such personal deals overnight margin is much lower..but first they ensure that even with Rs 3-5 per lot brokerage they get very high monthly brokerage by high trading volumes...
Prop trading firms like such traders for personal deals...who trades with high volume..like traders who convert nrml to mis for intraday to realese more margin to write more intraday options or trading with futures and then before eod convert again mis to nrml..
They just need to ensure high brokerage by high trading volumes and they also see past ledger record of consistency for such trader..
I am searching for such a good and trusted broker who make such deal.