Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
25 Mar 2020, 09:55 AM
Hey Deepak,
Yes, higher apply on the last 2 days before expiry. Margins required are 100% of the contract value this expiry due to higher volatility in the markets.
While your position isn’t ITM, the risk of it becoming ITM still exists(however low), hence, the increased margin requirements.