@admin @Moderator_1 @Moderator_2
Hi folks,
Please explain in which way the RMS system in AngelOne works?
Consider a simple Calendar spread - a near PUT sell, a far PUT buy.
Approx margin required is Rs.30000 for the whole spread.
Situation 1:
When I want to sell the near PUT, if I have already bought the far PUT, do I get the margin benefit?
That is will the order execute if I have 30000 in funds, instead of the naked PUT sell margin of RS 1,20,000 approx.
or Situation 2:
When I want to sell the near PUT, I MUST have the full margin available (Rs. 1,20, 000 approx), regardless of the the previous far PUT (hedge) being bought or not?
Please confirm!
Note: In Zerodha, this margin benefit is automatic. That is, it happens like in situation 1. If I have bought my hedge beforehand, I get full margin benefit during my sell leg.