I have a fno position in india. After booking profit when i try to create a new position the margin shoots up abruptly. Observed in DHAN platform . what is the reason? same amount new positions actually requires lesser margin but still not allowed. Example if i buy back 26000 call 600 numbers afetr booking profit a fresh position on 26100 with same quantity is blocked. Not even half of the quantity goes through.
Hi @santos-m, Welcome To MadeForTrade!
It seems you were trying to create new short sell position yesterday on nifty options, please note that due to Extreme Loss Margin calculation you may see higher margin required than on a non-expiry day, you can read more on this on our post here: Increased ELM for Short Options on Expiry Day (Effective November 20, 2024)
If you were doing options buying then please share your registered mobile number via DM to check this further.