I had written deep ITM put option.
Now I am not able to square it off due to very less liquidity.
What to do next ?
Please guide me, how can I square it off ?
If you are not able to find a counterparty for your open position, you can sell a future contract(since you are short puts) of the same underlying for the same expiry and lock in your profits/losses(However, you will require to maintain additional margins for the futures positions).