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Asked a question 5 months ago

Beginner here . my question is : lets say i buy a banknifty 42400 CE option 1 lot costing arround ₹6,145 . then to square-off the open position later do i need to have ₹1,46,000 in trading account to execute sell ?

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Hi @AzT10,

No, if you have an open buy position, you can place a sell order to square off your open position. There will be no additional margin required to execute the sell order.