Are you still facing this issue? I just opened my account today and exploring the options. I knew about this issue and I thought it was resolved.
Also, I have created a copy of basket here on dhan which was executed on upstox today (before the market close). There is no difference in required margin on Dhan. It is asking almost similar margin.
I wonder if particular users are facing this issue or maybe particular strategies are showing wrong margin requirement?
You can check again. Its showing more fund and margin required.
Actually they updated this issue in their options trader app not in the main mobile application.
Only few registered traders can access the Options trader app.
Hey @deepak9012 this is getting rolled out in the new Dhan app version (we plan to release it over next 2-3 days). Already live in the Options Trading app.
Hi @jay,
Margin required are absolutely the same. We are updating the communication and making it meaningful to avoid any confusion. all details as mentioned in this post (Update: Basket Order Enhancements)
This is already rolled out in the Options Trader app as mentioned by @Jp007 already. New Dhan app & web is being shipped over next 2-3 days for all, you will see it in same as well.
Thank you.
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Thanks @PravinJ
I am looking forward to the rollout as I am planning to shift my options trading from upstox. I am more comfortable with web based trading, hence I am hoping for the changes in the coming week. Good luck 
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Hello there @PravinJ This is still not solved. I can see this issue in my account, not able to trade 3 lots of BANKNIFTY STRADDLE even having more than 5L margin.
Overall margin to execute order should never be 8.4+ L.
@Jp007 hello JP- is this solved for you? I am asking since you know the exact problem and as I can see you have mentioned very clearly and in detailed way.
Hi @Arvind07
We have upgraded our baskets experience (Update: Basket Order Enhancements) and post we rarely seen any issues with margin related queries. Basket Orders are heavily used now than ever across all platforms.
If you can share your orders construct on help@dhan.co, can cross check this.
PS: If you are checking this right now on our platforms, note that today’s prices are from exchange mock.
Hi @PravinJ - I am talking about the same problem discussed here and its been not solved yet.
My case is of selling STRADDLE. This is definitely not supposed to be more than 8L
I am also sending email too, please check and resolve as soon as possible.
thank you.
I checked the screenshots you emailed to our team.
On Dhan, for the two legs - the final margin is shown as 4,82,041.50. In the screenshot you mentioned from other broker possibly, it shows total amount required is 538,113.00
On Dhan, please refer to final margin, not the overall margin (you have circled this).
Hi @PravinJ - appreciate your response, however as I got to know from customer executive that I need to have at least 8.4L to successfully execute the order ( as circled) not the Final margin. This is the main problem, it should actually be the same amount (4.82 L). In fact, on Friday even having more than 5.2L in my account I was not able to sell 2 Lots of Straddle , so I guess 3 lots are another story.
In this it should not ask for Overall margin to execute the trade rather it should look for Final margin to check balance and execute the orders.
Thank you for the understanding
@PravinJ - are you saying this is going to be fixed ? If yes, can I request to do this asap?
I switched from one broker ( they had intraday free as well) to DHAN since i liked the other features and ready to pay extra 20 rs per order.
However, this is a real blocker for me as if you look closely, because of this issue, now I need to have double the margin than all competitors while paying the same brokerage.
Please let me know once its resolved.
Thanks
@PravinJ Can you check and respond with the margin money required to sell one lot of Bank Nifty ATM Straddle of weekly expiry ?
Raising this question as I am experiencing bit higher money being blocked in the name of margin per lot.
Hi @nity
Shouldn’t be the case now. We resolved this, I will have this checked again with @Naman and we will connect with you.
Hi,
I put my first straddle trade through api. The margin requirement is very large in dhan for my case as another leg got rejected with the message that I need further around 90000 margin. Please check.
I also faced the same problem with DHAN when creating Straddle or strangle position the FUNDS required to be in my account before executing the order is way higher and no benefit is given by DHAN for hedged positions like straddle and strangles. HENCE I GOT FED UP DHAN and REMOVED all my Funds and have stopped trading with DHAN and transferred money to another Broker account. NO Other broker charges such high amount of Funds Required for Straddle & Strangle.
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I also faced the same problem with DHAN when creating Straddle or strangle position the FUNDS required to be in my account before executing the order is way higher and no benefit is given by DHAN for hedged positions like straddle and strangles. HENCE I GOT FED UP WITH DHAN and REMOVED all my Funds and have stopped trading with DHAN and transferred money to another Broker account. NO Other broker charges such high amount of Funds Required for Straddle & Strangle.
Ha ha, i am the first person who raised this issue so many times and initially they didn’t agreed with this issue and they said they are following SEBI rules, so that’s ok for them, after that I faced some bugs in dhan web platform. So i don’t have patience to discuss with them…I quit dhan and nothing new, infact it’s a slower platform.