It can be seen that available margin is more than the order value of 15k, still got rejected saying insufficient margin. And it seems required margin is computed incorrectly. Could someone help if i am missing anything?
How have required margin been computed here?
Hi @aditya1
During expiry week, additional delivery margin is required for all in-the-money (ITM) long stock options as per exchange guidelines. This margin is calculated based on VaR + ELM% of the underlying stock or 20%, whichever is higher.
For more details, please refer to our RMS Policy > Physical Settlemen section… Refer our RMS policy > Physical settlement here- Risk Management Policy | Dhan