Comment on Policy on settlement of compulsory delivery derivative contracts — Update Oct 2019
commented on
02 Jan 2022, 02:31 PM
Hey Velu, as IRCTC closed at 833 on expiry day. Your 840 PE will expire ITM and as Stock F&O are physically settled, you will have to give delivery of underlying shares. If you do not hold sufficient underlying shares to deliver, this will result in short delivery. You can learn more on short delivery here. You can learn more on physical settlement here.
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