Comment on "Policy on settlement of compulsory delivery derivative contracts"

Comment on Policy on settlement of compulsory delivery derivative contracts

Guna commented on 21 Dec 2018, 12:41 PM

Hi,

I am holding OTM JETAIRWAYS 340CE 27-Dec Expiry (Cmp :255).

Till now margin required was 90k for one lot (Due to the Physical Settled Margin Obligations).

What happens if I don’t add the additional margin required as it is OTM and has a gap of more than 30% Difference.

Please highlight the process for the scenario and impact if i don’t have sufficient additional margin as per the circular.

Thanks,
Guna