Will somebody give me a solution:
I had shorted 2 lots of bajaj hindustan 195 put option (I wanted to short 175 put and by mistake got it executed as 195 put) for Rs.10/-. I have been trying every day to square it off thro' exercise at the end of every day but the order is turned down saying... 'there are not enough long orders to exercise'.
Is it that I have to wait for expiry for the exchange to square it off ?
Regards
Bharath
I had shorted 2 lots of bajaj hindustan 195 put option (I wanted to short 175 put and by mistake got it executed as 195 put) for Rs.10/-. I have been trying every day to square it off thro' exercise at the end of every day but the order is turned down saying... 'there are not enough long orders to exercise'.
Is it that I have to wait for expiry for the exchange to square it off ?
Regards
Bharath