General

Can I take any position using Shares as margin in F&O?

You can take any position using SAM in futures and option:

1. For Futures: You may utilise the SAM limit for both intraday and overnight positions. In case you have Mark to market is settlement the cash is required for that.

2. For Options:

• For intraday position: You may utilise the SAM limit and hold an open buy option position for the day.
• For overnight position: In case you bought Options with Shares as Margin limit and have carried forward the buy position, you may get a payin obligation if your Cash limits are not enough to meet the Margin requirement.