Suppose I sold a put option of a stock of 100 strike. On expiry day, the price of the stock is 90. Before market closes, I sell one lot of same stock's same expiry future. I understand that there will be loss on selling put option, but will I have any delivery related obligation?
Same goes for call option. Suppose I sold 100 strike call and on expiry, underlying is 110. Before market closes I buy one lot of future of same stock same expiry. Will I have any sort of delivery of the stock related obligation?