Comment on Policy on settlement of compulsory delivery derivative contracts
commented on
24 Nov 2018, 08:05 PM
I have 1 lot of NHPC 30 CE call option. Now the spot price is 26. I just got an sms regarding physical delivery and sufficient margins to be maintained.
Iam not able to sell it as there are no buyers.
What will happen in this scenario.
If it closes below 30 on the expiry day, it is OTM right. And it also became worthless as there are no buyers.
Pls let me know what needs to be done