Can you please confirm how is stock option settled in AliceBlue? If I have sufficient margin in my account, can I allow ITM PE sold position or CE Buy position to expire so that I can take delivery of the stock?
We would like to inform you that you have the option to take delivery of the option stocks. However, it is important to maintain sufficient margin before the E-4 (Expiry minus 4 days) period. Failure to do so will result in the square off of your position. To avoid this, please make sure to inform our respective team via Phone call and email from your registered address before the specified timeframe. Kindly find below the margin details, which may vary depending on the sensitivity reports of the exchange.
Thank you @arul_antony for quick revert.
The margin required in Cash or collateral is fine till E-1 day?
Please note that the margin required for the Physical Delivery transaction is to be provided in full cash.
@arul_antony I understand that margin required in full cash on final day. My query is about margin required on E-4 to E-1 day, is it also required in full cash?
From E-4 onwards, it is necessary to maintain the complete margin in cash.