Comment on Policy on settlement of compulsory delivery derivative contracts

Hi Sir,
I received an email from zerodha about physical delivery of options. I’m in panic. Could you please tell me what should I do. I purchased below options in NRML mode a week ago…
1. Bank of Baroda, Jul 155 CE
Current spot price is: 118
2. ONGC, jul 162.5CE
Current spot price: 146.65
3. Sun Pharma, Jul 450CE
Current spot price : 430.25
4. TCS, Jul 2280 CE
Current spot price: 2109.

(a)Can i hold ONGC, Sun pharma, TCS till expiry since these three are not in physical delivery list.
(b)Should I sell Bank of Baroda tomorrow or can I wait till Thursday.

Please provide me your inputs. Thanks in advance..

View the full comment thread »