Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
13 Sep 2020, 11:10 PM
Just joined Zerodha, New to this market and I have following covered 3 legged set up -Long ITM Call, Long ITM Put
Short ITM Call, zirodha has mentioned that this set up is netted off from delivery obligation. I would like to know if I leave this three leg set up to expire on its own, would I require to deposit 50% of lot value of share for two legs or all three legs? Thanking you
Please also mention the expiration rules for Nifty and bank nifty.