Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
10 Jul 2020, 09:17 AM
Hi Matti,
I have below questions:
1) As per your statement “Fresh long option positions will not be allowed on Wednesday and Thursday of the expiry week.”
It means, if I pay full premium amount (NRML order), even then I will not be able to open fresh long option positions on Wednesday and Thursday of the expiry week ? Please confirm.
2) Suppose, I have already a long position either in call or put. Now on Wednesday or Thursday of the expiry week, I want to exit from this position before it expire.
Will I be able to exit that long position on Wednesday or Thursday of the expiry week ? Because, if no-one can buy option on Wednesday or Thursday then who will purchase my position ? How I will exit from my long position ?