(Resolved) Action required Email, Physical delivery

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1

Greetings from Team Dhan!

This is to inform you that your position in GRASIM 26 SEP 2760 CALL is currently open.

Please pay full value of delivery or close position before 10 AM on the expiry day to avoid auto square off.

This email came to me on 24th Sep, Grasim was around 2600. I dont understand it.
Cant I exit on expiry day after 10 am, just before 3pm?
what will happen if i dont exit at all on expiry day?
what happens if on expiry day after 10am, my option becomes ITM or remain OTM but with less loss or even shows me profit?
What is the physical delivery that i should be aware of?

2

Hi @Danish_Ansari,

As per our discussion over the call, we understand your query regarding physical delivery has been addressed. For more details, please refer to our RMS policy under “Physical Settlement” here.