Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019

Rajesh commented on 21 Aug 2020, 02:37 PM

In case of Long positions in Options, There will be a physical delivery margin charged for all In-the-money(ITM) long options.

My question is for eg ONGC is trading at 82 today in Aug series and today is Friday and next Thursday is expiry i.e 27th aug.

If I am holding 80CE since past two weeks, when will I have to pay margin on this, will it be applicable from today i.e Friday EOD or it will apply two days before expiry i.e next Wed Thurs? Its too confusing neither zerodha is explaining properly nor any other broker.

As per NSE margin starts four days before expiry while here it is written only two days before expiry…!!

Please help guys…..really need this clarity urgently.

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