Yes, All NSE Crude Oil Options contracts will remain available for trading until 8:00 PM on the expiry day. To avoid the risk of devolvement into futures, RMS will square off all open long and short positions after 8:00 PM, irrespective of margin availability.
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 short positions in Expiring future contracts during the tender period?