I am trying to execute
Cash secured Put strategy for
SILVER NOV options.
I understand that my Put position will devolve into futures contract.
- As per this sheet, expiry date for options is 25th Nov 2020.
- I am expecting that a
SILVER DECFutures contract would get credited to my account automatically on 26th Nov 2020 at 9:00 AM (opening time).
- Now, the last trading date for
SILVER DECis 27th Nov (10 PM). Does this mean that I would have just 2 days to square-off my Futures position?
Are my assumptions correct?
Is this the ideal way to execute the
Cash secured Put strategy with SILVER Options?