Margin for the last 2 days before expiry

Is the margin requirement same as before for the last two days of expiry? I have sold few strangles which are OTM on both legs and fairly sure it will expire the worthless. I just don’t want to add more funds for the sake of keeping up with the margin for the last two days. Is there any solution for this?

Sold on index or on stocks?

@siva what happens for both the cases ?

  1. Index options
  2. Stock options.

Margins don’t increase for Index Options.

For Stock Options, margins will increase to twice of SPAN + Exposure margins on Wednesday and Thursday of expiry week.

For stock options if we are not able to meet the extra margin required then will the position are auto squared off or their would be penalty. ?