Yes, you can utilize the
options premium received to initiate new F&O (Futures and Options)
positions. However, there are certain conditions to consider:
- Same Trading
Day: On the same
trading day, you can use the options premium received solely to initiate
new long (buy) options trades within the same segment.
- Next Trading Day: From the next trading day
onwards, you have the flexibility to utilize the options premium received
for opening positions across all segments.