Question
F&O I bought 5L worth bharat bond ETF and I pledge them. After 6% haircut, I will get 4.7L margin. There are 4 days for the expiry. I am selling options with 4L margin. 70K margin is remaining. On the 2nd day, my MTM loss is 4K. On the expiry day I exited the trade with 10K profit. In this trade, Will the 2nd day MTM loss will be taken care of 70K margin remaining or should I add 4K from my bank account for MTM loss?
I bought 5L worth bharat bond ETF and I pledge them. After 6% haircut, I will get 4.7L margin. There are 4 days for the expiry. I am selling options with 4L margin. 70K margin is remaining. On the 2nd day, my MTM loss is 4K. On the expiry day I exited the trade with 10K profit. In this trade, Will the 2nd day MTM loss will be taken care of 70K margin remaining or should I add 4K from my bank account for MTM loss?
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