Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
30 Oct 2019, 11:45 PM
Dears,
I am stuck in the following situation. Could you please help me to understand what is going to happen.
I am outside of India for time being and I have recently took YESBANK OCT 60 CE option which I am holding still not knowing that its part of mandatory delivery process. I don’t have any funds to take the mandatory delivery, will it be squared off automatically. …please provide inputs asap before market opens tomorrow if possible so that I can act on it if there is any possibility to reduce the loss.
Thanks a ton…