Margin for required for Bank Nifty

As an options buyer, you can simply look at the Bank Nifty option chain to get an idea of the premium you would have to pay to trade Bank Nifty options of different strike prices. However, when it comes to options selling, unlike option buying, where you pay a premium, in this case, you have to deposit a margin amount. The margin depends on the strike price of the options contract you wish to sell. However, more or less, it is similar to an equivalent Bank Nifty Futures contract. Furthermore, to get the precise margin figure, you can use a brokerage calculator by a broker like IIFL Securities. Lastly, you can implement hedging strategies to reduce the margin requirement.

For more information visit:- 

https://www.indiainfoline.com/markets/derivatives/option-chain