Yes, you can use Options premium received for only new long/buy options trades on the same trading day and only within the same segment. You can use options premium received for all the segments from the next trading day.
When both cash and collateral margins are available, which one is utilized first? What is the order of utilization?
What is the margin blocking percentage during the end-of-expiry week for physical settlement of stock option contracts?
Can I do intraday trading in stock options?
When does expiry take place for Nifty, Bank Nifty, Sensex, Bankex, and stock option contracts?