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Using the F and O margin calculator, also known as the span margin calculator, is easy. You can use any online F&O calculator and follow these steps:
Use the drop-down menu Select the Exchange wherein the underlying F&O asset is traded.
Select the Product type (from Futures and Options) from the next tab in the drop-down menu.
Enter the company name/ Ticker Code/Symbol in the third tab.
Enter the quantity and choose whether you want to buy or sell the contract.
Click on Calculate. You can also reset the calculator if you wish to change the quantity or calculate the value of other F&O contracts.