Silverm Delivery doubt

F&O
1

Hi Everyone,

I’m holding MCX SILVERM call and put options that expire on 19th November.
Can someone please confirm the latest time/day I should close my positions to avoid physical delivery?

Also, if I take an opposite (reverse) position in the December expiry, does that help avoid delivery obligations for the November contract, or are they treated completely separately?

Thanks in advance.

2

@ShubhS9 , @siva

3

You can close it before 7 PM on expiry day if you don’t have funds for devolvement. After 7 PM, we may close at any time if the required margins are not maintained.

It will not help. This will be considered seperate positions.

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