As published in our recent notice, In The Money (ITM) options contracts that are left to expire will devolve into futures contracts. You will need to have the required margins to hold a futures contract in such a case. The margin requirements are mentioned in our margin calculator. This is applicable to the crude oil options contracts which are expiring on 17th July 2023.
Note: If you have ITM options positions on expiry day your position will be squared off anytime after 10:00 PM for further information kindly contact support.
Note: Any open ITM options position/s, will be squared-off anytime after 10:00 PM today. For any queries, kindly contact us.