Changes in Lot Size
What Happens If I Do Not Square Off my long-dated options position?
If positions remain open after the cut-off:
- ICICI Direct will attempt to square off on a best-effort basis using market orders
- In case of hedge positions, sufficient margins will be required to safeguard your open positions if there is a hedge-break due to system square-off
- Positions may not get fully closed due to low liquidity in old-lot long-dated contracts & any odd lot positions will remain open till expiry, meanwhile you can square off your positions if you want, but, before December 30, 2025 (12 PM).
Please note: Square-off of positions as mentioned above will be attempted by the system starting December 29, 2025 (12:30 PM) till December 30, 2025 (12 PM). You will not be able to square off any open positions through the Website or Mobile App post 12 PM on December 30, 2025. In case you still wish to square off, you can do so through our call-n-trade facility by dialling – 022-41330660*
*Any trade executed through Call and Trade facility will be charged at Rs.50 + GST per executed trade.
You can recreate your positions with the new lot sizes from: 31 December 2025 (BOD)