It is settled at 1 Re the article says. If someone bot at 1 Re it would have settled at 1. It becomes an overnight play. If settlement happens at rates when you cant play it becomes buy today sell tommorrow.
Some had even posted here to buy crude futures at Re 1 .. it will surely be in profit. Anyone who had even invested Rs 1000 would be in huge loss running into lakhs. Really bad situation for many who could be stuck in in Crude longs.
On the other side, nobody would short Crude @ Re 1 .. even by mistake, now see where the problem goes .. !!
God help them !!!
On the other side, nobody would short Crude @ Re 1 .. even by mistake, now see where the problem goes .. !!
God help them !!!