Peak Margin
Will I be able to place orders in any Options contract for stocks underlyings on expiry day?
ou will able to place order in enabled option contracts however I-Sec at its own discretion may disable ITM and few OTM Options contract for stocks underlyings on normal expiry day or adhoc expiry day. Such disablement criteria can be changed according to prevailing conditions in the market. Since there is a risk that these may become ATM/ITM and liable for physical delivery and due to risk of illiquidity positions may go for delivery even without customers intention.