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Do margin components ka matlab aur wo din bhar kyun badalte rehte hain
Published by The Retail Trader · JUL 26, 2026 · Derivatives (F&O)
F&O mein position lene par jo paisa block hota hai wo ek number nahi, do hisson ka jod hota hai. Dono alag cheez naapte hain, aur dono din ke andar badal sakte hain.
SPAN margin wo hai jo ek portfolio ke sabse bure ek din ke scenario ko cover karne ke liye maanga jaata hai. Wo risk model se nikalta hai, isliye volatility badhne par wo apne aap badh jaata hai.
Exposure margin uske upar ek extra cushion hai. Ye lagbhag ek flat percentage ki tarah lagta hai aur SPAN ki kamiyon ko dhakta hai.
Margin ek fixed number nahi hai, aur iski wajahein ye hain:
• Volatility badhne par risk model zyada margin maangta hai.
• Expiry ke paas stock derivatives mein delivery margin add hone lagti hai.
• Hedged position mein margin kam hoti hai — hedge hatate hi wo turant badh jaati hai.
• Exchange event se pehle special margin bhi laga sakta hai.
Account mein sirf itna paisa rakhna ki position "bilkul fit" ho jaaye ek risk hai, position ka nahi — process ka. Margin badhte hi shortfall ban jaata hai, aur uska anjaam penalty ya forced square off hota hai, dono bure waqt par.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.