one can hold mindtree futures of march along with monthly put of jan and once jan is completely shit to feb and carry forward till march you will get good profit, capital required 1.10 with margin and with out put 2.40 lakhs. my suggestion don't go naked position.
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hold two puts and one future for margin purpose, execute put first and then future then it will ask you 80k.
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Holding
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Holding futures of march and booked handsome profit in put side.
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