Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
Anand, exchanges keep changing limit for maximum lots that can be placed in a single order. Currently it is 10000 or 40 lots for Nifty. It is different for every scrip, these are things that every derivative trader has to keep in mind. Also when you place square off using admin position, you have to wait till the net position becomes 0, otherwise it indicates that you have pending quantity.