Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
23 Oct 2019, 06:26 PM
In case of Long positions in Options, you’ve mentioned – “There will be a physical delivery margin charged for all In-the-money(ITM) long options. This will be twice the exchange mandated SPAN + Exposure margin charged for the respective futures contract for the same expiry.”
When is the margin charged? At the time of purchase itself or 2 days before expiry?