Nickel, Zinc, and Copper Options Expiry, 21st September 2022 (ITM Options To Devolve Into Futures)
20 September 2022
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, and Copper options contracts which are expiring on 21st September 2022.
Please Note: If you have ITM options positions on expiry day but do not have sufficient margins to hold futures position before devolution, your position will be squared off anytime after 10:00 PM Today.