Yes. StockPlus margin can be used to trade options.
NSE Equity Derivatives Options are supported. You can place NRML (positional) as well as MIS (intraday) options orders using margin generated from your pledged holdings.
You do not need fresh cash to trade options under StockPlus. As long as the collateral value after haircut is sufficient to meet the exchange-mandated margin for that options position, you can go ahead.
Easy & quick
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