An in-depth series on options trading starting from the basics to advanced concepts of option strategies.
Curated by: Zerodha Varsity (14 videos)
Every option contract has an expiry. All F&O contracts expire on the last Thursday of every month. Until 2018, all F&O contracts were cash settled. Meaning, on expiry, there was no need to deliver or take delivery of the underlying shares of the contract. But in 2018 SEBI made physical delivery mandatory. So, if you hold a F&O contract till expiry, you either need to deliver shares or take delivery of share once the contract expires. In this video, we'll explore what is physical settlement, why is it needed and how positions are settled. Learn more about physical settlement here: https://zerodha.com/varsity/chapter/quick-note-on-physical-settlement-2/