Can i able to do options by both pledging my stock and using the remaing fund in my demat account ? more specifically if i have 60,000 worth stock and if i have remaining 400,000 in my demat account , can i able to do options by pledging my 60,000 worth stock and remaining 4 lakh rupees combined ?

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Yes, you can trade options with a collateral amount of ₹60,000 and with a trading account balance of ₹4,00,000.