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

M. A. Panwala commented on 25 Aug 2021, 10:49 PM

I sold put of M&M strike price 770, CMP is 775.. I had 550000/- rs. in my account lot size is 700.. I used 105000/- rs. as margin out of 550000/-… Now If this put would become ITM and its going to expire, margin used that day 150000/- out of 550000/-, cash balance would be 400000/-, 1 lot needs cash 550000/- around… should I have to arrange cash 150000/- or that would be settled from margin…please guide me

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