Intraday Collateral Margin Requirement – #6 by Shaanthacker – General – Trading Q&A by Zerodha

Yes, your collateral margin will be used in case of spread orders, where you will have multiple positions for the underlying asset. However, cash will be required on the long side as collateral will be used to sell options where range and exposure is required.

Note – Margins will be blocked based on the position created (if it is hedged or not).

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