All short positions in expiring future contracts are liquidated by RMS 5pm onwards on the 2nd last Day of the tender period to avoid the risk of physical delivery. Additionally, no trading will be allowed in this contract from tender period start day.
What happens to my open MIS positions in Commodity Options and Futures after 11:15 PM?
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 long positions in commodity future contract expiry on the first day of the tender period?