I have an open option call OTM which will have to become zero and i have tried to sell this many time but nothing happening and I got sms of physical delivery of contract please explain?
I have buy lt 1300 26 march expiry and tried to square off my position today but order is rejected and value is not become 0 too it’s stoped at 0.05 .
Can check varsity options here to learn how options market works.
In this case it is expired worthless and you can ignore it.