Options Trading
Would Different Margin percentage be applicable to Different underlying Stocks?
Yes, ICICIdirect.com would levy different margin percentages depending on the Stock and market volatility on different stocks as it feels is necessary for Risk mitigation. Thus all ACC stock options would be marginable say at 30%, whereas all BHEL options would be marginable say at 25%. Please note - Exchange has identified option contracts in either Deep Out of The Money (OTM) or Non Deep OTM for which Exchange has stipulated separate Exposure percentage (also known as Extreme loss margin percentage). Hence accordingly for Deep OTM or Non Deep OTM option contracts Initial Margin percentage and Minimum Margin percentage would be revised accordingly.