Position Square oFF - Query

[Senthilkumar_Ramasam]

Iam holding 26 JUN NIFTY 27000 PE of 300 Qty - Lot size is 75 . As it get revised to Lot size of 65 what will happen after dec 2025

1. Whether i will able to square off my position after 30-Dec -25 atleast by multiples of 65 ?
2. From when can i sq.off - immediately after 30-Dec-25 ?
3. What will happen to the remaining odd qty of 40 nos ??

[KarthikAcharya]

Hey @Senthilkumar_Ramasam

@Senthilkumar_Ramasam

Whether i will able to square off my position after 30-Dec -25 atleast by multiples of 65 ?

If you have any open options positions in the June 2026 expiry, after Dec 30 2025, you can exit only 260 qty and 40 qty will remain open till the expiry of those contracts.

@Senthilkumar_Ramasam

From when can i sq.off - immediately after 30-Dec-25 ?

You may also exit the position today. However, after 30 December 2025, you will only be able to exit 260 qty; the remaining 40 units will expire in June at the contract expiry.

@Senthilkumar_Ramasam

What will happen to the remaining odd qty of 40 nos ??

It will be cash settled during the expiry of the contract.

[Senthilkumar_Ramasam]

Thank you Karthick - Very Clear on your explanation

One more doubt is that - i can add lot after dec 2025 right ?? or it cannot be added with new lot size?

[KarthikAcharya]

@Senthilkumar_Ramasam

i can add lot after dec 2025 right ?? or it cannot be added with new lot size?

Yes, you can. However, the purchase shall be based on the new lot size.

You can also refer to this Revision in lot size of Index derivative contracts for further clarity.

[Senthilkumar_Ramasam]

Thanks - Karthick