As we know, the margin req is higher during last few days of FnO expiry. My Avble margins went negative 2 days before Oct ’21 expiry and I had to exit few option positions to get back to positive. I’m wondering if something similar happens in the future, can I lower my margin req by entering into an offsetting trade… for eg: If I am short SBIN CE 550… could buying SBIN CE 600 lower my margin req ?
Pls suggest @ShubhS9