Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
30 Dec 2021, 07:54 PM
If we have sold a put and paid 1.5 lakh as margin. Now if put option is
comes in the money , and am ready to take delivery on expiry.
Suppose the value of share lot (contract value ) is 5.5 lakhs, and we pay
only 4 lakhs ( keeping in view that margin of 1.5 has
already been paid). Can we do this ?
or we have to compulsoryly pay/keep flot balance 5.5 lakhs over and above margin ( i.e 1.5 lakhs +5.5 lakhs = total 7 lakhs ).