Hi Team, I am using Python sdk v3
I am getting more margin requirement from firstock_BasketMargin API, whereas app showing margin correctly (which is less than API)
Please check and revert on the same, attaching code and logs for your reference (Client code: MJ2674)
Code:
logging.info(f"straddle_legs: {straddle_legs}")
straddle_one_lot_margin_required = firstock_util.firstock_calculate_basket_margin(straddle_legs,str(ticker_fut["LotSize"]))
if straddle_one_lot_margin_required is not None:
logging.info(f"Margin required for one lot of straddlei is: {straddle_one_lot_margin_required}")
net_margin = firstock_util.firstock_get_net_margin()
logging.info(f"Net Margin: {net_margin}")
lots = math.floor(((net_margin*SHORT_STRADDLE_PARAMS['margin_factor_to_use'])/straddle_one_lot_margin_required) % (int(ticker_fut["LotSize"])))
logging.info(f"lots: {lots}")
def firstock_calculate_basket_margin(orders,lotsize):
global FIRSTOCK_API_DATA_FETCH_MAX_ATTEMPTS
cur_attempt = 0
basket_margin = None
basket = []
while cur_attempt < FIRSTOCK_API_DATA_FETCH_MAX_ATTEMPTS:
try:
for i in range(len(orders)):
order_i = {
"exchange": orders[i]['Exchange'],
"tradingSymbol":orders[i]['TradingSymbol'],
"quantity":lotsize,
"transactionType":"S",
"price":"0.05",
"product":"M",
"priceType":"LMT"
}
basket.append(order_i)
basket_margin_res = thefirstock.firstock_BasketMargin(basket)
logging.info(f"Basket_margin_res: {basket_margin_res}")
if basket_margin_res is not None and basket_margin_res['status']=="Success":
basket_margin = float(basket_margin_res['data']['marginused'])
break
else:
logging.error(f"Failed to get Basket margin {basket_margin_res}")
cur_attempt+=1
time.sleep(1)
except Exception as Exc:
logging.exception(f"Exception occured while get Basket margin {Exc}")
cur_attempt+=1
time.sleep(1)
return basket_margin
Logs:
12-Mar-24 10:47:35 : trade_banknifty_short_straddle() - straddle_legs: [Exchange NFO
Token 66704
LotSize 15
Symbol BANKNIFTY
TradingSymbol BANKNIFTY27MAR24C47200
Expiry 27-MAR-2024
Instrument OPTIDX
OptionType CE
StrikePrice 47200.0
TickSize 0.05
Name: 5432, dtype: object, Exchange NFO
Token 66705
LotSize 15
Symbol BANKNIFTY
TradingSymbol BANKNIFTY27MAR24P47200
Expiry 27-MAR-2024
Instrument OPTIDX
OptionType PE
StrikePrice 47200.0
TickSize 0.05
Name: 442, dtype: object]
12-Mar-24 10:47:35 : firstock_calculate_basket_margin() - Basket_margin_res: {'status': 'Success', 'data': {'request_time': '10:47:35 12-03-2024', 'stat': 'Ok', 'marginused': '298089.02', 'marginusedtrade': '298089.02', 'marginusedprev': '158772.68', 'remarks': ''}}
12-Mar-24 10:47:35 : trade_banknifty_short_straddle() - Margin required for one lot of straddlei is: 298089.02
12-Mar-24 10:47:35 : trade_banknifty_short_straddle() - Net Margin: 1759032.3099999998
12-Mar-24 10:47:35 : trade_banknifty_short_straddle() - lots: 5
Please check why Basket Margin API returning more margin?
