Hi,
How will physical delivery will impact if I have bought/sold one CE along with one PE of stock option(without owning underlying stocks) and keep it to expire without exiting at expiry?
Will the effect be null or will I get penalty at both sides for not having stocks which I obliged to provide and not having enough capital to oblige stocks which I need to purchase?
How is physical delivery mechanism implemented in futures and options combination as well ?
Thanks.