Comment on Policy on settlement of compulsory delivery derivative contracts

Taranpreet Singh commented on 24 Jun 2019, 12:03 PM

I was buying Voltas June call options today (Monday of the expiry week) but my order got rejected for the reason “This instrument is blocked to avoid compulsory physical delivery. Try next month’s expiry.”. Why is it blocked ?

Also, my order was an intraday order for buying call option. So, how the physical delivery come into scene? I mean it is up to me that whether to exercise the call or not and that too can be done on Thursday. Isn’t it?

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