As published in our 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 Nickel, Zinc, Silver & Copper options contracts, which are expiring on the 22nd August 2023.

Note: Any open ITM options position/s, will be squared-off anytime after 10:00 PM today. For any queries, kindly contact us.