Unfortunately, I have bought Nifty March 25000 PE, 50 units. I forgot to change it.
I also have March 23000 PE, 50 units. Can I hedge these two by selling a put?
I also have March 24000 PE, 1200 units, which is 16 lots, and they are in multiples of 75.
So, my question is: Is my March 24000 PE safe with Dhan? I hope I am not charged a penalty for having some uneven options.
here are my lot sizes
March 23000 PE 50
March 25000 PE 50
March 24000 PE 1200
Additionally, my question is: For someone who has sold 25 or 50 units of March, how is Dhan going to manage his/her margin requirements, as the broker cannot sell ?
There is not going to be any penalty for this.
There is no problem with March 24000 PE x 1200 qty. It is in multiple of 75 so you can exit it anytime you wish.
For March 23000 PE & 25000 PE, you will not be able to exit it now. It will be carried till the expiry date. Since you have bought the options contract, the margin requirement will be simple - qty x buy avg price (premium paid)
