Comment on Policy on settlement of compulsory delivery derivative contracts

Ranger commented on 24 Jun 2019, 07:56 PM

They sent me the following email.

Hi xxxxxx
We see that you have an open position in a contract with compulsory physical delivery. All F&O positions(including In the money long options) will attract a physical delivery margin of 50%(or SPAN + Exposure, whichever is higher) of the contract value for tomorrow.

Please ensure you have sufficient margins/stocks to avoid your position being squared off. Read our policy on compulsory physical delivery here.

Team Zerodha

I have three open positions. Unless I know which position is up for compulsory square off, I have no clue. I cannot reply to them because it is from no reply. Certainly they lack common sense.

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