I got the answer - this is for all those who trade BN options using zerodha -
Query
While I understand that I will not be able to take a fresh position due to 15% OI limit, i would like to know that will i be able to exit my already existing position, even if that strike price option is blocked for fresh trades ?
Nov 21, 2018 10:11 Sameer Upendra Bhukebag
Thank you for writing to Zerodha.
Yes Sir, you will be able to square off for your existing positions.