Dear Friends,
I've shorted NIFTY (NRML) 30th July series, and collected premium on Zerodha. I've 2 doubts and where I'd like to get a help from the community:
1) Will there be additional margin requirements on last 2 days before expiry (29th & 30th of July). If yes, how much?
2) If the option I've shorted is expiring OTM, do I still need to square-off the position on expiry day or I can simply keep the premium and let them expire worthless?
Truly looking forward to a response.
I've shorted NIFTY (NRML) 30th July series, and collected premium on Zerodha. I've 2 doubts and where I'd like to get a help from the community:
1) Will there be additional margin requirements on last 2 days before expiry (29th & 30th of July). If yes, how much?
2) If the option I've shorted is expiring OTM, do I still need to square-off the position on expiry day or I can simply keep the premium and let them expire worthless?
Truly looking forward to a response.