Options Trading

What happens in case my F&O Limit goes negative due to placing Option Buy order at Market price or for any other reason?

I-Sec system has internal process to handle negative limit of clients. In any case if client limit has gone negative in F&O segment, then system will first cancel the pending fresh orders if any and will appropriate the margin released from that cancellation towards the negative limit, if limit still remain negative, then, system will proportionately withdraw margin from other marginable open position in F&O segment, if any, and that F&O position may get square off in system MTM process. Margin release in this process will get appropriate towards negative limit. If limit still remains negative, then system will square off required quantity of Option Buy position, if any, as recovery towards negative limit. Such process will be triggered at periodic time interval during market hours.