So basically if I have Rs 80,000 as capital, and looking to write Banknifty options intraday, whats the qty I can write ?
Zeroda -> 2 lots (no additional charges)
Astha Trade -> 8 lots [very high brokerage of approx 10 (buy) = 30 (sell) per lot]
Finvasia -> 2 Lots
Alice blue -> 7 lots (also charging brokerage per lot, which is very high)
ICICI Securities (Rs 500 per lot on margin plus plan)
Upstox -> ?? (seems to be 2 lots)
Zeroda -> 2 lots (no additional charges)
Astha Trade -> 8 lots [very high brokerage of approx 10 (buy) = 30 (sell) per lot]
Finvasia -> 2 Lots
Alice blue -> 7 lots (also charging brokerage per lot, which is very high)
ICICI Securities (Rs 500 per lot on margin plus plan)
Upstox -> ?? (seems to be 2 lots)
This shld be sufficient to sell two lots with finvasia...no use of paying brokerage..
if this thing goes in right direction for 2-3 months..you can always arrange for money