Margin computation for Option Buying/Selling

Developer API
1

Hi, I am trying to compute margin required for Buying/Selling of a PE/CE and I am encountering the following error: {'status': 'error', 'errors': [{'errorCode': 'UDAPI100011', 'message': 'Invalid Instrument key', 'propertyPath': 'instrument_token', 'invalidValue': 'NSE_FO|Nifty 50', 'error_code': 'UDAPI100011', 'property_path': 'instrument_token', 'invalid_value': 'NSE_FO|Nifty 50'}]}

The request is as follows:

margin_url = "https://api.upstox.com/v2/charges/margin"

headers = {

'accept': 'application/json',

'Api-Version': '2.0',

'Content-Type': 'application/json',

'Authorization': f'Bearer {access_token}'

}

data = {

'instruments': [

        {

'instrument_key': 'NSE_FO|Nifty 50',

'quantity': 2,

'transaction_type': 'BUY',

'product': 'D',

'price': df2[df2['strike'] == round(spotMinusOneSD, -2)]['pe_ltp'].values[0]

        }

    ]

}

response = requests.post(margin_url, headers=headers, json=data)

print(response.status_code)

print(response.json())

I am not very sure about the above code, but, I think I am not providing the right instrument_key, according to the errorCode. Can somebody help me fixing this, please?

2

@VIJAY_23083817 It looks like you queried NSE_FO|Nifty 50 — that’s incorrect.
Try using correct one for eg. NSE_FO|44661 for NIFTY 24900 PE expiring 15 Sep.”