MIS positions in Commodity Options and Futures are scheduled to be liquidated after 11:15 PM, on both normal and expiry days, subject to the availability of liquidity at that time.
In exceptional situations where no executable liquidity is available, the position may remain open and get processed on the next trading day as per exchange guidelines and prevailing market conditions.
Does Kotak Securities allow long option positions to devolve into futures on expiry day if they expire In-the-Money?
Will I be allowed to trade in Commodity Options on expiry day?
What happens to short positions in Expiring future contracts during the tender period?
What happens to long positions in commodity future contract expiry on the first day of the tender period?