Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
01 Aug 2021, 02:50 PM
If your deep ITM long position in PE is beyond 3 strikes above ( meaning 4th strike and above) then you will have to compulsorily take delivery of the stocks in your demat account. You will need to maintain sufficient balance or you will be charged further fines or cost that would be associated with squaring of your position. So it all depends on how deep is the deep ITM. 🙂