Comment on Policy on settlement of compulsory delivery derivative contracts
commented on
26 Jun 2019, 04:09 PM
CORRECT SOLUTION for avoiding Options Physical Delivery : Compulsorily Square off all NRML Option Positions of last Wednesday of month EOD, one day before actual expiry.
Your Current Solution : Increase Margins last Monday onwards, so that traders are forced to square off their positions one week in advance on Friday itself.
Problems with your Current Solution : This makes traders lose all benefit of trading in Options which is most beneficial in Last week due to low cost. Also Zerodha will lose all the Brokerage on Options plus not good for encouraging Options Trade in Indian market, decreasing Options volume and price discovery.
My Request : Please implement the CORRECT SOLUTION suggested by me above. Many, including me otherwise are giving up on Options Trade.