Margin Requirement for Multiple TP Orders on Same Options Position via API

APIs, Automation, Algos & Code
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1

Will placing these multiple limit sell orders together block extra margin or trigger any RMS checks, even though total sell qty does not exceed my open position?

Example:

  • I have a BUY position of Qty: 500 in NIFTY25JUN24500CE placed as a NRML order .
  • I want to exit in parts by placing:
    • Order 1: Limit Sell, Qty: 200 @ ₹120
    • Order 2: Limit Sell, Qty: 200 @ ₹125
    • Order 3: Limit Sell, Qty: 100 @ ₹130

All three are partial exits, totaling the full position (500 qty).

2

Hello @prashantcafe

No, it won’t. Given you have the total long position already in your account of 500 quantities and all Sell orders are together equal to the same, no extra margin will be required here.

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3

getting this error while placing , API working perfect for superorder , but for normal order

2025-05-20 00:02:59,808 - INFO - Placing order with minimal payload...
2025-05-20 00:02:59,808 - DEBUG - Final Payload: {'dhanClientId': '1********2', 'correlationId': 'TEST_20250520000259', 'transactionType': 'BUY', 'orderType': 'LIMIT', 'productType': 'MARGIN', 'exchangeSegment': 'NSE_FNO', 'securityId': '49262', 'quantity': 450, 'price': 75.2, 'validity': 'DAY', 'disclosedQuantity': 0}
2025-05-20 00:02:59,951 - ERROR - API Error: {'errorType': 'Input_Exception', 'errorCode': 'DH-905', 'errorMessage': 'Missing required fields, bad values for parameters etc.'}