IS Fresh Position on Monthly Expiry, allowed by Zerodha?

It is mentioned in the article that ,New buy positions, i.e. fresh long positions will be blocked on Wednesday and Thursday for all stock option contracts of the current month’s expiry.

Does Zerodha allows shorting ITM CE/PE on Stocks monthly expiry? I will make sure to have enough fund or Stocks to take or give delivery

Yes you can short the options or trade in futures. But it will require 40% of contract value on expiry day. Only long options are blocked on last 2 days of expiry.

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Will we be allowed to take fresh position on Wednesday now? (As we are in T+1 settlement now)

@Ragavendran_M

No long options won’t be allowed on Wednesday and Thursday of expiry week.

Is this exchange rule or Zerodha rule?

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