Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
21 Jul 2021, 09:30 AM
i need your guidance and clarification.
1 i have 1 lot of SBI shares in my D mat account.with zerodha. for long term
2 I want to sell deep OTM CALL SBI. 1 lot.
3. Can my SBI holding in Dmat account be used as margin by lein or pledge. if yes . How? Procedure please.
4. If my position sold call position continues to be OTM till expiry , does it require additional margin. if Yes cant it be met out of pledged lot of shres automatically
5 if my sold position becomes OTM Does it need additional margin. if Yes cant it be met out of pledged lot of shres automatically. Procedure
6 Is it not prudent to square off the position by Tuesday of last week to avoid physical settlement.and related margin issues, additinal charges.
Pl donot feel bad, if i sound repetitive, as the querry is not from so expert.