Pledge margin from mutual fund to trade Gold options?

Can i use the pledge margin from mutual fund to trade Gold options (mcx) and is there any way to reatrict option buying and only do option selling?

@Achu_Pk2u Yes you can do that but the only risk is if you loss the pledge amount you have pay them back with in given time, or your holding will be lost, my recommendation is not to trade gold option for now it was highly volatile and single news update can wipe out your capital